BT chief’s pay package slashed by £4m over Italy accounting scandal

Gavin Patterson will take home £1.3m compared with the £5.3m he received last year as bonus is scrapped

The BT chief executive, Gavin Patterson, has had his pay packet cut by £4m after the company scrapped bonus payments following the £530m accounting scandal at its Italian operations.

Patterson will be paid £1.34m for the year to the end of March, mostly consisting of his annual salary of £993,000, a 74% reduction on the £5.28m he received for 2015/16.

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