Feeds

BT's Chairman Bland signs up until 2007

'Overseen a huge period of change'

  • alert
  • submit to reddit

Using blade systems to cut costs and sharpen efficiencies

BT's chairman, Sir Christopher Bland, is to stay at the company until 2007, the monster telco confirmed today.

The Southampton FC supporter and former BBC man has signed a new contract entitling him to an annual salary of £500,000 ($788,450), although this means that he will not be eligible to receive an annual bonus, the company said in a statement.

Bland, 65, became chairman in May 2001 replacing Sir Ian Vallance.

During his time at the telco he has overseen debt reduction from almost £30 billion to under £10 billion, managed the demerger of mobile operation MMO2 and the witnessed sale of Yell.

"He's overseen a huge period of change at BT," said a BT bod.

Last year, Bland revealed that when he took over the job he drew up a "to do" list.

In a newspaper interview he revealed that among the items on the list was a Rights Issue, an idea to demerge BT's wireless business, a bid to reshape the Board, and the appointment of a new chief exec to replace the then boss, Sir Peter Bonfield. ®

Related Story

Bonfield had no BT future

HP ProLiant Gen8: Integrated lifecycle automation

More from The Register

next story
Yorkshire cops fail to grasp principle behind BT Fon Wi-Fi network
'Prevent people that are passing by to hook up to your network', pleads plod
Auntie remains MYSTIFIED by that weekend BBC iPlayer and website outage
Still doing 'forensics' on the caching layer – Beeb digi wonk
Major problems beset UK ISP filth filters: But it's OK, nobody uses them
It's almost as though pr0n was actually rather popular
Microsoft unsheathes cheap Android-killer: Behold, the Lumia 530
Say it with us: I'm King of the Landfill-ill-ill-ill
All those new '5G standards'? Here's the science they rely on
Radio professor tells us how wireless will get faster in the real world
Apple orders huge MOUNTAIN of 80 MILLION 'Air' iPhone 6s
Bigger, harder trouser bulges foretold for fanbois
US freemium mobile network eyes up Europe
FreedomPop touts 'free' calls, texts and data
Oh girl, you jus' didn't: Level 3 slaps Verizon in Netflix throttle blowup
Just hook us up to more 10Gbps ports, backbone biz yells in tit-for-tat spat
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Reducing security risks from open source software
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.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.