Feeds

'I'm not a quitter and I love my critics' – BT's Bonfield

Sir Pete is staying. Until the end of next year anyway

  • alert
  • submit to reddit

Maximizing your infrastructure through virtualization

Sir Peter Bonfield, BT's CEO, told reporters this morning that he has not intention of leaving the beleaguered telecoms giant. "I'm not a quitter," he said. "I like working with the people here."

Asked if he would like to take a samurai sword to his critics, he said: "Critics are good - they chivvy us along. I would never criticise my critics." Probably just as well, or he'd never have time for anything else.

What about the nightmare of the last year, which has seen his two fellow board members kicked out and the share price plummet by 70 per cent? "It's been a very demanding year - in fact, it's been a very demanding few years. We're just going through an interesting time. It's just something you have to go through."

Asked whether he missed former chairman Sir Iain Vallance, who was booted out at the start of the month, Sir Peter remarked: "Change is often good and I think he'd be the first to say so. He's still a personal friend." Which is nice, especially considering that each of them was briefing the press against the other in order to keep their job.

Incidentally, while Sir Iain is now president emeritus of BT, the new chairman Sir Christopher Bland made it clear that he no longer has a decision-making role. "He has an office in this building but is no longer a part of BT." And that office may be gone soon as well if plans to sell off the central London HQ come to fruition.

So what of Sir Peter's future? He has signed a new contract which will finish at the end of next year. After that "it's then flexible. If the company wants me to continue then I can," Bonfield said.

So there you have it. ®

Related Stories

What's in BT's bargain bin?
BT unveils first-ever loss
BT shake-up to save business (touch wood)

Top three mobile application threats

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Nadella: Apps must run on ALL WINDOWS – PCs, slabs and mobes
Phone egg, meet desktop chicken - your mother
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
Microsoft: We're making ONE TRUE WINDOWS to rule us all
Enterprise, Windows still power firm's shaky money-maker
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.