LONDON (Reuters) - Carphone Warehouse
The group, which in April agreed to buy back Best Buy's
Current CEO Roger Taylor will switch to deputy chairman on the same date, maintaining many of his existing responsibilities.
Taylor said the Best Buy deal meant Carphone's retail operation formed the core of the group's business.
"It is logical, therefore, that Andrew Harrison, who has run this business for several years, should step up to become chief executive officer for the group," he said.
Carphone said headline earnings per share (EPS) were 12.3 pence in the year to March 31.
Though that was in line with company guidance of 11.5 pence to 13.0 pence it was down from 12.6 pence made in the 2011-12 year.
For the 2013-14 year, it guided to headline EPS of 17 pence to 20 pence.
Carphone also announced the formalization of its relationships with Media Markt/Saturn
The firm is paying a final dividend of 3.25 pence, taking the full-year payout to 5 pence.
Shares in Carphone, up 59 percent over the last year, closed Tuesday at 230 pence, valuing the business at 1.2 billion pounds. ($1 = 0.6492 British pounds)
(Reporting by James Davey; Editing by Paul Sandle)