(MENAFN- ProactiveInvestors - UK) Telecoms group BT (LON:BT.) said it had launched a search for a new finance chief.
It was reported at the weekend that current finance director Tony Chanmugam who took up the post in 2008 may quit later this year.
BT responded to the speculation by confirming that it had begun a search process to find a successor.
It added: "No formal decision has been taken on a replacement or around the potential timing of any change.
"BT will make a further announcement if and when required."
Shares in BT fell 1.75p to 474.6p.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.