Dimension Data Group CEO Jason Goodall has been named as the candidate for the role of CEO of Nippon Telegraph and Telephone Corp’s (NTT’s) new global operating company.
He has been selected to lead the company from 1 July 2019, subject to a formal approval process, Dimension Data confirmed to TechCentral on Wednesday in response to questions.
“Once appointed, Jason will look after NTT’s global business, outside of Japan. In the meantime, he will continue his responsibilities as CEO for Dimension Data,” the company said.
The news comes a day after NTT provided further details of a restructuring plan involving its global businesses.
TechCentral reported in August that NTT would restructure its operations, affecting several of its principal subsidiaries, including Dimension Data, NTT Communications and NTT Data, intended to make the group “more competitive and profitable” on the global stage.
NTT acquired Dimension Data in 2010 in a £2.1-billion deal (R24.4-billion at the time) and then delisted the South African-headquartered company from both the Johannesburg Stock Exchange and the London Stock Exchange.
Until now, Dimension Data has operated as an autonomous unit within the NTT Group.
“By mid-2019, the aim is to integrate Dimension Data, NTT Communications, and NTT Security into two new organisations which will address the global market and the Japanese market,” Dimension Data said on Wednesday.
Global OpCo
“NTT Data will remain listed, and will retain its current management structure, collaborating as usual with the other NTT operating companies.”
The formation of the two new organisations — Japan OpCo and global OpCo — under NTT, Inc will “further strengthen” the group’s competitiveness in the global market and increase its profitability by enhancing the combined value proposition to better serve clients around the world, it said.
NTT Group also introduced a new global innovation fund called NTT Venture Capital that will accelerate the development of new technologies to the global market, and enable further investment, particularly in the area of digital technology, where high rates of growth are expected. — (c) 2018 NewsCentral Media