BT 2003 Annual Report Download - page 6

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BT Annual Report and Form 20-F 2003 5
Company Board
Iamdelighted to welcome Clay Brendish, former
deputy chairman of CMG plc, and founder and former
executive chairman of Admiral plc, to the Board.
Clay brings with him a wealth of experience in the
information technology industry. His appointment
with effect from 1 September 2002, on which
shareholders will have the opportunity to vote at this
year’s AGM, means that independent non-executive
directors constitute a majority on your Board.
People and prospects
Finally, we would like to thank our customers, our
shareholders and our people for their continued
confidence in and loyalty to the company. We are
recognising the efforts of our people in meeting BT’s
performance targets through awarding them 2% of the
pre-tax profits, £36 million, in the form of BT shares.
We believe the company is well placed – financially,
operationally and managerially – to meet new
challenges and to seize new opportunities.
Sir Christopher Bland
Chairman
21 May 2003
Key events and achievements
June 2002
Launch of Openzone, BT’s public wireless LAN hotspot
service
September 2002
The UK’s most intensive TV campaign stimulates
demand for broadband
November 2002
BT wins e1 billion contract to manage and develop
Unilever’s global communications infrastructure
January 2003
Sale of stake in Cegetel for £2.6 billion
April 2003
BT announces that it has connected more than
800,000 broadband customers