BT chairman Jan du Plessis said that while the board was generally supportive of the new strategy set out by Patterson and his team in May, given the reaction to it, both he and Patterson had now agreed only a leadership change could actually deliver on these plans.
BT announced a restructuring of the business where 13,000 jobs will be cut in a bid to £1.5 billion over the next three years with restructuring costs at £800 million.
BT said in a statement on Friday that it has already started the search for his replacement, noting that Patterson will remain in charge of the company until a successor is found.
Despite this, Mr Patterson managed to head off a threat to split BT's Openreach broadband division into a separate company. However, it's been a different story over the last two years. That led to Mr Patterson losing most of his bonus for 2017.
The move comes nearly a month after BT revealed plans to reduce its workforce by about 13,000 jobs over the next three years, with mainly back office and middle management roles set to be cut, with the telecommunications giant hoping to "drive sustainable long term growth in value for shareholders".
When you devise a strategy which has the "full support" of the board then you expect that you will be around to execute it. Gavin Patterson's departure is unusual in the sense that the board liked his plan, but didn't think he was the person to carry it out.
Investors in BT Group Plc watched their investments shrink about 60 percent and decided it was enough.
"I've been immensely proud of what we've achieved, in particular the transformation of the business in recent years with the launch of BT Sport, the purchase and integration of EE, and the agreement to create greater independence for Openreach", he said, adding it was an honour to lead the company.
Putnam asserted that "no one's safety was at risk" because those 291 people would not have been able to purchase a firearm. The Times' report also accuses the Bartow Republican of hiding the snafu for almost a year.
The front page of Diario Record has a photograph of Ronaldo with the headline: "Ronaldo will leave Real - Irreversible decision". Real Madrid star Gareth Bale has excited Manchester United fans by sending a message to Paul Pogba on Instagram.
Washington was anxious that the sanctions would curb deliveries from Iran and push oil prices up, the sources said. Global oil supply has tightened with the OPEC-led production cuts that began in January 2017.
Those who reported illness said they had eaten pre-cut cantaloupe, watermelon, honeydew melon, or a fruit salad mix with melon. However, for some, the diarrhea may be so severe that hospitalization is necessary.
Following the session, Salah provided a promising update on his fitness, telling reporters: 'I'm excited. Not just going there, three games and thank you very much. "That is not going through my head".
This would allow businesses that sell marijuana to operate without fear of prosecution by the Justice Department. Gardner", Trump said. "I know exactly what he's doing. "But I will probably end up supporting that, yes".
And no wonder, as it appeared to depict the defining confrontation of the weekend's Group of Seven summit, the divide between U.S. In response, the European Union is preparing new tariffs set to hit United States exports ranging from jeans to bourbon whiskey.
He then shaved 0.012 seconds off that time on his second run using the hypersoft Pirellis to make sure of pole position. It feels like there are no better questions out there than keep asking me about what happened in the previous weekend.
That move was met with criticism at home, including from Republicans, and announcements of retaliatory tariffs from USA allies. Trudeau acknowledged that G7 leaders left La Malbaie without significantly transforming Trump's approach to trade.