Philip Jansen Explained

Philip Jansen
Birth Date:28 January 1967
Birth Place:United Kingdom
Nationality:British
Education:University College Cardiff
Occupation:Businessman
Ex-CEO, BT Group
Term:February 2019- January 2024
Successor:Allison Kirkby
Predecessor:Gavin Patterson
Spouse:Married
Children:5

Philip Eric Rene Jansen (born January 1967)[1] is a British businessman, and was the chief executive officer (CEO) of BT from February 2019 to January 2024, having previously been CEO of Worldpay since April 2013.

Early life

Jansen attended St George's College, Weybridge, and has a bachelor's degree in economics from University College Cardiff.[2]

Career

In 2010, Jansen joined Brakes Group as CEO, having been COO of Sodexo.[3]

Following the Worldpay IPO in 2015 by its then private equity owners, Bain Capital and Advent International, Jansen was due to receive £50 million.[4]

On 19 September 2018, Worldpay announced that Jansen would step down at the end of the year.[5]

On 25 October 2018 he was announced as the new CEO of BT with effect from 1 February 2019, succeeding Gavin Patterson.[6]

During his tenure as CEO of BT Group, an industrial dispute began with the CWU due to pay and working conditions.[7] This led to a strike ballot where 91.5% of BT, 95.8% of Openreach and 95.5% of EE CWU members who took part in the ballot voted to strike.[8] During the dispute, some employees and commentators referred to him as “Foodbank Phil”.[9]

In July 2023, it was announced that Jansen would be stepping down as CEO of BT within the next 12 months.[10]

Personal life

Jansen is married, with five children, and lives in west London.

Notes and References

  1. Web site: Philip Eric Rene JANSEN. Companies House. 22 September 2018.
  2. Web site: Executive Profile: Philip E. R. Jansen . Bloomberg.com. 7 August 2017.
  3. News: Philip Jansen joins Brakes Group as group chief executive. The Caterer. 7 July 2010. 7 August 2017.
  4. News: Worldpay chief Philip Jansen to receive £500m from flotation. Caroline Binham. 20 September 2015. Financial Times. 7 August 2017.
  5. News: Worldpay co-CEO to exit. Cincinnati Business Courier. 19 September 2018. Erin Caproni. 22 September 2018.
  6. News: BT appoints Worldpay's Philip Jansen as new chief executive . 27 October 2018 . BBC . 25 October 2018.
  7. Web site: BT Faces Summer of Strike Disruption Over BT Pay Inaction . 2022-07-10 . CWU . en.
  8. Web site: 2022-06-30 . BT staff vote for first national strike in 35 years . 2022-07-10 . the Guardian . en.
  9. Web site: Rank hypocrisy on executive pay laid bare as BT Group industrial action ballot enters final week . 2022-07-10 . CWU . en.
  10. News: Prescott . Katie . 2023-07-11 . BT chief Philip Jansen to step down in next 12 months . . en . 2023-07-12 . 0140-0460.