Bland completes BT board clear-out
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Your support makes all the difference.BT replaced four of its non-executive directors yesterday in a move that completes the overhaul of the company's board carried out under chairman Sir Christopher Bland.
Four non-executive directors have resigned from the company while three have been appointed and will take up their posts on 14 January. A fourth is yet to be announced.
The incoming non-executive directors are John Nelson, who will shortly retire as chairman of Credit Suisse First Boston Europe, and Carl Symon, managing director of technology solutions firm DiamondCluster and formerly a senior executive at IBM. The third new non-executive director is Baroness Jay of Paddington, the former leader of the House of Lords who is also a non-executive director of Independent News & Media, publisher of The Independent and The Independent on Sunday.
The outgoing non-executive directors are Helen Alexander, chief executive of The Economist, June de Moller, former managing director of Carlton Communications, Sir John Weston, a former British Ambassador to the United Nations, and Neville Isdell, who recently retired as vice-chairman of Coca-Cola.
Before Sir Christopher took up his post at BT on 1 May last year, the BT board comprised just two executive directors – chief executive and finance director – with nine non-executive directors plus the role of chairman. Sir Christopher made it plain that he wanted more executive directors and, two months ago, promoted Pierre Danon, head of BT Retail, Paul Reynolds, head of BT Wholesale, and Andy Green, head of BT Ignite, to executive directorships.
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