He will leave at the end of the year after more than a decade at the regulator, with the search process for his replacement now underway
Ofcom chief executive Ed Richard is to stand down from his position at the end of December after leading the regulator for the past eight years.
Until his departure, he will continue to lead all operational, financial, economical, competition and policy matters.
Richards (pictured) joined the Ofcom Board in March 2003. He was promoted to chief operating officer in July 2005, before becoming chief executive in October 2006.
Ofcom chairman Patricia Hodgson said: “Under his leadership, Ofcom has helped to deliver superfast broadband, 4G, lower prices, innovation, competition and sustainable public service broadcasting in the UK. He leaves an impressive legacy.”
Richards added: “It’s been a privilege to lead Ofcom during such an exciting and dynamic period in the evolution of the UK’s communications sector. I have always felt that once I had compelted eight years as chief executive, this would be the right time to move on.”
The search process to appoint a replacement for Richards is underway, and will shortly be advertised nationally. Ofcom is hoping to complete the recruitment process by early next year.
It is a public appointment made by the Ofcom Board, involving an independent assessor and subject to approval by the Secretary of State for Culture, Media and Sport, which is currently Sajid Javid.