Philip Jansen, the chief executive of BT Group, gave boardroom colleagues an ultimatum over his own future that led to the departure this week of the company’s chairman, Jan du Plessis. Sky News has learnt that Mr Jansen told fellow directors of the telecoms giant over a period of several months that he had become frustrated with the speed at which BT was taking key strategic decisions. The BT chief, who joined in 2019, indicated that he was prepared to resign unless Mr du Plessis was replaced by a chairman who could accelerate the pace of change at the former state monopoly, according to several people close to the company. Mr du Plessis, one of the most experienced chairmen in corporate Britain, said on Monday that he would leave once a successor was identified. He has chaired companies including SAB Miller, the brewer, and British American Tobacco, and held non-executive directorships at Marks & Spencer and Lloyds Banking Group. Advertisement Mr du Plessis is understood to have accepted the need to appoint a successor, having initially asked Mr Jansen to reconsider his request that he be replaced, sources said. His exit, after just four years, surprised investors and analysts, coming… Read full this story
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