Skip to main content
Donate to the Fighting Fund
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.

The 95th Anniversary Appeal
Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
Similar stories
A piper walks the platform alongside the Avanti West Coast Class 390 EMU train as it arrives at Glasgow Central Station from London Euston, failing to break the 36-year-old record for the fastest train journey between London and Glasgow, June 17, 2021
Railways / 8 May 2025
8 May 2025

Our groundbreaking report reveals how private rail companies are bleeding millions from public coffers through exploitative leasing practices — but we have the solutions, writes Aslef Scottish organiser KEVIN LINDSAY  

Features / 17 March 2025
17 March 2025
Behind Starmer’s headline-grabbing abolition of NHS England lies a ruthless drive to centralise control so that cuts of £6.6 billion can be made — even if it means reducing cancer services and clinical staff, writes JOHN LISTER
Delegates and media watch as Chinese Premier Li Qiang speaks
World / 5 March 2025
5 March 2025