Aug 7, 2021

BT taps Adam Crozier as new chair

BT is set to appoint Adam Crozier, the former ITV and Football Association chief executive, as its new chair. BT started its search for a new chair in March after the surprise resignation of Jan du Plessis, which came after Philip Jansen, the company's chief executive, threatened to resign unless the South African boardroom veteran moved on. The decision means that a former chief executive of Royal Mail will take the helm of BT's board forty years after the telecoms company was formally split from the Post Office. Regulator Ofcom set a new regime designed to encourage heavy network investment, while the company has struck agreements with its pension trustees and unions. His 12.1 per cent stake is seen by some within the company as a potential foothold for a future attempt to try to acquire BT or break it up.

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