By John Glenday

BT chief executive Gavin Patterson will leave his post later this year following a backlash from shareholders over the company’s disappointing stock performance.

The telecoms giant said the negative reaction to its latest results, which included the announcement of an extensive restructuring programme and 13,000 job losses to cut costs, had prompted the change in leadership

The process to appoint a successor is already underway with BT confident it will be in a position to announce a replacement over the coming months as it readies for a period of significant change.

BT chairman Jan du Plessis said: “The board Read full story ›

Source: The Drum