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PlusNet boss stands down

Team confident they can manage without him

Internet Security Threat Report 2014

PlusNet CEO Lee Strafford has stood down about three months after the firm was sold to BT for £67m.

In a statement, PlusNet said: "Today we announced to staff that Lee Strafford, our CEO, is no longer with PlusNet."

Strafford had grown the firm from a small ISP into a nationally recognised brand, the statement added. Neil Laycock will take over as acting CEO.

The firm did not say where Strafford is going. But it did say: "Everyone here is focused on delivering on our plans for 2007 which are aimed at ensuring that, as an ISP, we provide the best value to our customers, along with great customer service and a network that performs reliably and is scaled for growth."

BT also had something to say on the matter: "With immediate effect, both Lee Strafford and Neil Comer have left PlusNet." Neil Comer was the finance director.

BT said it believed the PlusNet team could carry on regardless. It added, "These departures will not have any bearing on the timetable for integrating PlusNet into BT," but couldn't say what the timetable was.®

Internet Security Threat Report 2014

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