Sir Ian Cheshire to step down from BT Group Board
Source: RNS
20 January 2023
SIR IAN CHESHIRE TO STEP DOWN FROM BT GROUP BOARD
BT Group plc ("BT Group") today announced that given his increase in non-executive responsibilities as Chair of Land Securities Group plc, Sir Ian Cheshire has decided to step down from the Board as a non-executive director at the conclusion of the 2023 Annual General Meeting ("AGM"). He will therefore not be put forward for re-election at the AGM in July, having served on the Board since March 2020.
Adam Crozier, BT Group's Chairman, said "On behalf of the Board, I would like to thank Ian for his contribution during his time at BT Group. He has been a distinguished member of the Board and its Audit and Risk and Nominations Committees, and as Chair of our Remuneration Committee".
In line with ongoing succession planning of the Board, we are currently undertaking a search for additional non-executive directors with the support of an external search consultant.
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About BT
BT Group is the UK's leading provider of fixed and mobile telecommunications and related secure digital products, solutions and services. We also provide managed telecommunications, security and network and IT infrastructure services to customers across 180 countries.
BT Group consists of three customer-facing units: Consumer serves individuals and families in the UK; BT Business* covers companies and public services in the UK and internationally; Openreach is an independently governed, wholly owned subsidiary wholesaling fixed access infrastructure services to its customers - over 650 communication providers across the UK.
British Telecommunications plc is a wholly owned subsidiary of BT Group plc and encompasses virtually all businesses and assets of the BT Group. BT Group plc is listed on the London Stock Exchange.
For more information, visit www.bt.com/about
*BT Business was formed on 1 January 2023 from the combination of the former Enterprise and Global units. It will commence reporting as a single unit from 1 April 2023, with pro forma reporting information to be produced ahead of BT Group's Q1 FY24 results.
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