Taylor gets the chief exec call at Carphone retail arm

Roger Taylor named as chief executive of joint venture between Carphone Warehouse and US electricals giant

Carphone Warehouse's finance chief has been picked to head up a £1.1bn retail division.

Roger Taylor will take executive control of a joint venture between Carphone Warehouse and US electricals giant Best Buys. The stateside company has stumped up the cash to secure a 50% stake in the UK company.

The deal will see Carphone Warehouse put its retail arm including its 2,400 stores, insurance and mobile phone business into the joint venture while keeping hold of its fixed line telephone and broadband operation.

Further reading:

Profile: Roger Taylor, FD of Carphone Warehouse