TalkTalk CEO Dido Harding is stepping down

Dido HardingBloombergTalkTalk CEO Dido Harding.

TalkTalk CEO Dido Harding is stepping down from her role in May.

The news, announced on the company’s website on Wednesday, comes after the major TalkTalk hack in 2015, which cost the company £42 million.

Harding will be replaced by TalkTalk’s current managing director, Tristia Harrison, while Carphone Warehouse cofounder Sir Charles Dunstone will become TalkTalk’s executive chairman.

“After seven extraordinary and fulfilling years, during which we have transformed TalkTalk’s customer experience and laid the foundations for long term growth, I’ve decided it’s time for me to start handing over the reins at TalkTalk and focus more on my activities in public service,” Harding said in a statement.

NOW WATCH: Science says parents of unsuccessful kids could have these 6 things in common

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at