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BT faces shareholder revolt over chief exec's pay

MORE THAN a third of BT shareholders voted today against outgoing chief executive Gavin Patterson’s bumper £2.3 million pay packet.

Mr Patterson was paid a £1.3m annual bonus for 2017 — on top of his basic salary of £997,000 and £299,000 in pension contributions — despite the BT share price falling by around 25 per cent.

The company announced last month that it would replace Mr Patterson later this year, after nearly five years in post.

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