BSkyB chief financial officer Martin Stewart has quit the satellite operator after eight years to pursue 'new opportunities'.
BSkyB chief financial officer Martin Stewart has quit the satellite operator after eight years to pursue 'new opportunities'.

Stewart, who has been in the running for the chief executive job before James Murdoch was appointed, will continue in his post until 4 August and will assist in the appointment of his successor.

He said: 'I have been privileged to work ay Sky in a uniquely fascinating phase of its development during which it has evolved from an analogue product to the UK's leading digital platform with over seven million customers.'

Insiders at the satellite giant had suggested that Stewart would leave the company if he did not get promoted to the chief executive role. He joined BSkyB as group financial controller in 1996 before becoming chief financial officer in 1998.

James Murdoch said: 'Martin has played an enormous role in the success of Sky and has been instrumental in the company's transition from analogue to digital.'

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