BT CEO Philip Jansen has revealed that he will be stepping down from his role within the next 12 months. The announcement was made through a press release, in which Jansen informed the BT Board of Directors about his decision.
Adam Crozier, BT Group Chairman, expressed his support for Jansen’s work during his tenure and the long-term strategy pursued by him and his team. The Board is fully supportive of the ongoing transformation efforts led by Jansen and his team, which are on track to deliver results.
The BT board is now actively searching for a suitable successor, with several candidates already being considered. Crozier expects that news regarding the appointment will be announced over the summer. In the meantime, the company emphasizes that it is business as usual, with a focus on executing plans and meeting the needs of stakeholders.
Prior to joining BT, Jansen held various leadership positions, including CEO of Worldpay, CEO and chair at Brakes Group, and CEO for Europe, South Africa, and India at Sodexo. He joined BT’s board in January 2019 and assumed the role of CEO in February of the same year. Jansen is also a Senior Advisor at Bain Capital and a trustee of Wellbeing of Women.
BT is currently undergoing significant restructuring, with plans to cut up to 55,000 jobs by the end of the decade. Jansen has previously stated that the company aims to have a smaller workforce and a reduced cost base, positioning BT as a leaner business with a promising future.
As the search for a new CEO is underway, BT remains committed to its long-term strategy and transformation plans. The company continues to navigate the changing landscape of the telecommunications industry while ensuring stability and growth.
