Xansa chairman to retire
The chairman of Xansa, the business services group which provides accounting and other financial services to BT, has decides to retire for health reason.
Hilary Cropper will step down following Xansa’s annual general meeting on 17 September 2003.
She will resign from the board, but remain a member of the company as honorary president.
Cropper spent 18 years at Xansa, first as chief executive and then as chairman. Alistair Cox has already been appointed as CE to replace her, while a search has begun to find a new chairman.
Cox said: ‘We are all saddened that Hilary has had to stand down much earlier than we all expected. Her passion and foresight have been a driving force behind the growth and success of Xansa.
‘The company that Hilary joined bears little resemblance in scale or international reach to the company that we are today.’