Worldpay co-chief executive Philip Jansen is to take on the top role at BT. He joins the telecoms giant on 1 January 2019, and will work with incumbent Gavin Patterson through a month-long handover.
Jansen led Worldpay through its IPO in 2015, and its merger with Vantiv earlier this year. He has held senior board roles at Brakes Group, Sodexo, MyTravel and Telewest.
BT group chairman Jan du Plessis said Jansen was “a proven leader with outstanding experience in managing large complex businesses”.
Jansen will receive £1.1m a year in salary, with an annual bonus of up to 240% of salary subject to performance. He will receive shares in a long-term plan of 400% of salary. In lieu of shares lost in Worldpay as forfeiture, he will receive a corresponding amount from BT—with a face value of nearly £900,000.
Former O2 UK CEO Matthew Key joins BT’s board as a non-executive director, and will sit on the audit & risk committee and nominating & governance committee.
Matthew Dunn joins online clothing retailer ASOS as chief financial officer. Dunn had previously held the role at Britvic.
CEO Nick Beighton said Dunn brings a “totally relevant mix of operational experience” and a “history of implementing and overseeing international finance systems”.
Dunn said: “I’m very much looking forward to working with the ASOS team. I’m motivated by their ambitious plans to realise the significant potential still ahead for the company”.
International recruits have been selected for the newly formed advisory board of app management platform appScatter.
Dr Thomas Endres joins the board. He is chairman of German IT association VOICE, and co-chair of the European CIO Association, having served as group CIO of Lufthansa between 2002 and 2012.
Jörg Rieker, global lead partner for Deloitte’s software asset management Services division, joins the board in early 2019. Current non-executive Michael Buchen quits that role to join the advisory board.
The advisory board’s formation was announced in September, to “further support the plc board in enhancing appScatter’s offering and opportunities”.