By John Glenday

BT has turned to American payment processing provider Worldpay in its search for a new chief executive officer with the appointment of co-chief chief executive Philip Jansen to the role.

Jansen will succeed incumbent Gavin Patterson and is unlikely to enjoy much of a honeymoon period, with a mounting to-do list dominated by the fading fortunes of the telecoms giant. BT has recently been rocked by a £500m accounting scandal, a pensions deficit and accusations that it has under invested in its core broadband network.

The cumulative nature of these failings ultimately forced Patterson Read full story ›

Source: The Drum