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BT, the FTSE 100 telecoms provider, has announced its new chief executive, the first woman to hold the post.
It comes after Sky News reported earlier this month that a formal search had begun to replace current boss Philip Jansen as he weighed up a number of job opportunities in the US.
The company said on Monday morning that Allison Kirkby, previously tipped as one of the frontrunners, will take the reins “around the end” of January 2024 “at the latest”.
Ms Kirkby is a former Procter & Gamble executive.
Since 2019 she has also been president and chief executive of Swedish telecoms firm Telia Company, which has 25 million customers across the Nordic and Baltic region.
Ms Kirkby has also been a non-executive director of BT since 2019.
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The BT chairman. Adam Crozier, said Ms Kirkby is “a proven leader, with deep sector experience and a history of having transformed businesses”.
The exiting Mr Jansen has had his £1.1m salary frozen until his retirement and his base pay will be maintained at the same level at which it was set when he joined the company in 2019.
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