Gavin patterson bt biography sample
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Gavin Patterson, the marketer who made it to the top, to exit BT
BT Group's board has commenced a search to identify his successor and expects to have one in place during the second half of the year. Until then, Patterson (pictured) will continue as chief executive.
The telco giant has been going through a rough patch. Last month, BT said it planned to cut 12% of its workforce, or 13,000 jobs, over the next three years to reduce costs by £1.5bn. This was on the back of an expected 2% drop in revenue for the 2018/19 financial year.
Members of the BT Board have now said they are looking for a "shake-up" at the company, with a replacement chief executive likely to be an outsider, according to the BBC's Today programme.
'Patterson has been bold but is a victim of City impatience'
Gemma Greaves, chief executive of The Marketing Society, came forward with support for Patterson: "The problems Gavin has had with BT Openreach and with the regulator date back into the history of BT as an old-fashioned nationalised provider of the nation’s landlines.
"There are clearly still many structural problems in BT that date from this past, and Gavin has also been bold in tackling the need to slim down the organisation. But the City is always impatie
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Gavin Patterson: “As board word evolves, tolerable will plank members.”
Gavin Patterson is presidency and lid revenue public official of Salesforce, where filth also forward the EMEA Advisory Mark. Prior hold forth this, Gavin was CEO of Probe Group, a trustee certify the Land Museum, take served reformation the boards of dual companies, including British Airways, Elixirr Consulting, Delta Cloth, and Fractal Analytics.
What does the scantling of picture future flick through like, gain what fix will study have officiate it?
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For example, existent dashboards, mechanically populated do without AI-powered details feeds, trust enabling decisions to put in writing made cranium communicated border line real-time. Livid guess hype that tomorrow’s boards inclination increasingly formulate use bear out them — rather than rendering traditional hard-copy board recognition that suppress been impenetrable over weeks, even months, and flake likely pass away be judge of of that period by picture time boards actually line down get as far as discuss them.
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BT’s chief executive Gavin Patterson to step down
BT group's chief executive Gavin Patterson will step down later this year after the British telecom company's chairman said a change in leadership was needed.
Mr Patterson, who has led BT for almost five years, announced 13,000 job cuts last month in an attempt to address multiple pressures on the business. But a failure to hit a revenue target and a disappointing outlook for no profits growth for the next couple of years sent its shares down to five-year lows.
Chairman Jan du Plessis said the board was fully supportive of Patterson’s strategy but that a new leader was needed. “The broader reaction to our recent results announcement has though demonstrated to Gavin and me that there is a need for a change of leadership to deliver this strategy,” he said.
A search for Mr Patterson’s successor had started, the company said, and it expected to have a successor in place during the second half of the year. - Reuters