BT Group Starting Search for New Chief Executive

The BT Group board of directors is starting a search for a successor to Chief Executive Philip Jansen, who “has informed the Board that at an appropriate moment over the next 12 months he intends to step down from his role,” the U.K.-based company said Monday. “We expect to be able to update the market on progress over the course of the summer,” said Adam Crozier, BT Group chairman: “In the meantime, it is business as usual, and we are focused on executing our plans and delivering for all our stakeholders.” Jansen said BT made progress in his more than four years at the helm, with more than 11 million homes now passed with fiber, and 5G service available to 68% of the country, while “customer service is much improved.”