The paper quotes the investor saying “with the benefit of hindsight, Gavin Patterson was not the right man for the job”.
The report says the investor added: “What BT actually needed was a guy who could take on the regulator, not a retailer and marketer. A lot of what has gone wrong has not been Gavin’s fault but we’d like to see progress on a process and new leadership in the next year.”
The shareholder wants BT to be led by “an external candidate with a regulatory and preferably also an engineering background”, says the Telegraph. However, the shareholder appears not to want an immediate change, especially as the company gets a new chairman, Jan du Plessis, in November.