Home
 » ISP News » 
Sponsored

BT Group Chairman Jan du Plessis Reveals Intention to Retire

Monday, March 1st, 2021 (11:48 am) - Score 936
Jan-du-Plessis

The Chairman of BT Group since November 2017, Jan du Plessis (aged 67), has today formally announced his intention to retire from the UK role – thought to be worth £700,000-a-year – just as soon as a successor can be appointed. The company’s Board has now begun the process of hunting for his replacement.

Jan du Plessis has been a key figure within the group and helped to oversee the many changes that flowed from Ofcom’s 2016 Strategic Review of Digital Communications (full summary), which among other things forced the operator’s network access division (Openreach) to become a distinct “legally separate” company with its own board.

Since then, the BT Group has also committed to invest £12bn in order for Openreach to roll out a gigabit-capable Fibre-to-the-Premises (FTTP) broadband network to cover 20 million UK premises by around 2025-30 (currently at 4 million premises passed).

Jan du Plessis, BT Group Chairman, said:

“BT has made good progress over the last few years. We have a refreshed Board and much-strengthened senior management team delivering on our strategy to transform the Company. We have made big strides in enhancing customer service and have really stepped up to support the country during the pandemic.

Above all, our relationship with Ofcom has improved significantly over the last three years and I strongly believe the Board’s commitment to invest in a full fibre network is in the long-term interests of all BT’s stakeholders.”

Philip Jansen, BT Group CEO, said:

“I’d like to personally thank Jan for both his service to BT but also his commitment and support to me since I joined. His wise counsel, in particular over the last year as we have led the company through the pandemic has been hugely appreciated.

Jan’s focus on improving customer experiences, investing for the long-term and motivating our colleagues has been consistent throughout his time at BT and with his strong support we now have a clear strategy to deliver in the years ahead.”

The outgoing Chairman added that, “after 17 years of demanding roles as Chairman of significant FTSE companies, I know the time is now right for me to step down and focus on other interests.” Meanwhile, Ofcom are imminently due to announce the final outcome of their Wholesale Fixed Telecoms Market Review 2021-26 (FTMR), which aims to help boost investment in “full fibre” infrastructure, including Openreach’s deployment.

Leave a Comment
5 Responses
  1. Avatar A_Builder says:

    Shame he is going.

    He is a tough operator and made some bold calls most of which look right even in the rear view mirror of history.

    I’d go as far as saying that he saved BT and with that the pensioners.

    If reports on FTTP uptake hitting 40% in some mature areas are true, the abandoning of GFast and copper all look very credible. And that only came about because Jan forced a CEO change.

    I hope he has a well deserved retirement.

  2. Avatar Telecom guy says:

    He truly revolutionised BT. Transforming the shareprice to 1/3rd of his inherited value, driving the first strikes in decades – completely needlessly, and started the sell off of essential operations.

    You always have to admire millionaire managers, using the cover of a pandemic to attack key workers who generate billions of pounds for the firm.

    What a hero.

    1. Avatar Anti-moaner says:

      Spoken like a true keyboard warrior.

    2. Avatar A_Builder says:

      Or in the alternative view: things needed a good shakeup?

      Could things realistically have carried on as they were: no.

      Did investment in FTTP start too late: yes.

      Does the money to invest in FTTP have to come from somewhere: yes.

      If BT did not invest rapidly in FTTP, given the Alt Nets build speed and deep funding, would BT die quite fast: yes.

      Would the bulk of the workforce be out of a job if BT went down: yes.

      Unfortunately, in order to make omelettes, you need to break eggs.

      The share price will recover once FTTP uptake numbers are released. Everyone likes a bet that has worked out where there is a good assured income stream.

    3. Avatar GNewton says:

      “would BT die quite fast: yes.”

      Would BT fading away be so bad? No

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Comments RSS Feed

Javascript must be enabled to post (most browsers do this automatically)

Privacy Notice: Please note that news comments are anonymous, which means that we do NOT require you to enter any real personal details to post a message. By clicking to submit a post you agree to storing your comment content, display name, IP, email and / or website details in our database, for as long as the post remains live.

Only the submitted name and comment will be displayed in public, while the rest will be kept private (we will never share this outside of ISPreview, regardless of whether the data is real or fake). This comment system uses submitted IP, email and website address data to spot abuse and spammers. All data is transferred via an encrypted (https secure) session.

NOTE 1: Sometimes your comment might not appear immediately due to site cache (this is cleared every few hours) or it may be caught by automated moderation / anti-spam.

NOTE 2: Comments that break our rules, spam, troll or post via known fake IP/proxy servers may be blocked or removed.
Cheapest Superfast ISPs
  • NOW £22.00 (*32.00)
    Speed 36Mbps, Unlimited
    Gift: None
  • TalkTalk £22.00 (*29.95)
    Speed 38Mbps, Unlimited
    Gift: None
  • Vodafone £22.00 (*25.00)
    Speed 35Mbps, Unlimited
    Gift: None
  • Hyperoptic £22.00
    Speed 50Mbps, Unlimited
    Gift: Promo Code: EASTERSALE
  • xln telecom £22.74 (*47.94)
    Speed 66Mbps, Unlimited
    Gift: None
Large Availability | View All
Cheapest Ultrafast ISPs
  • Vodafone £26.00 (*29.00)
    Speed: 100Mbps, Unlimited
    Gift: None
  • Virgin Media £28.00 (*44.00)
    Speed: 108Mbps, Unlimited
    Gift: None
  • Hyperoptic £29.00 (*35.00)
    Speed: 150Mbps, Unlimited
    Gift: Promo Code: EASTERSALE
  • TalkTalk £29.95 (*39.95)
    Speed: 145Mbps, Unlimited
    Gift: None
  • Leetline £34.99 - 43.99
    Speed: 100Mbps, Unlimited
    Gift: None
Large Availability | View All
The Top 20 Category Tags
  1. FTTP (3154)
  2. BT (2907)
  3. FTTC (1843)
  4. Building Digital UK (1842)
  5. Politics (1820)
  6. Openreach (1736)
  7. Business (1576)
  8. Mobile Broadband (1366)
  9. FTTH (1355)
  10. Statistics (1335)
  11. 4G (1175)
  12. Fibre Optic (1121)
  13. Wireless Internet (1097)
  14. Virgin Media (1089)
  15. Ofcom Regulation (1086)
  16. EE (775)
  17. Vodafone (767)
  18. TalkTalk (729)
  19. Sky Broadband (711)
  20. 5G (655)
Promotion
Helpful ISP Guides and Tips
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
Sponsored

Copyright © 1999 to Present - ISPreview.co.uk - All Rights Reserved - Terms , Privacy and Cookie Policy , Links , Website Rules , Contact