Business Services Industry
Executive leaves British telecommunications giant to head French IT firm.
Knight Ridder/Tribune Business News, November, 2004
By James Ashton, Daily Mail, London Knight Ridder/Tribune Business News
Nov. 26--High-flying BT retail chief Pierre Danon denied that a boardroom rift had forced him to quit the telecoms giant.
Frustration at the company's regulatory strait-jacket and his own fierce ambition drove the Frenchman to accept an offer to become chief operating officer of French IT firm Capgemini.
Danon, who leaves in mid-February, said his biggest gripe at BT was that he "didn't have 100 percent control."
He insists that he is "supercomfortable" with the board's preference not to give his retail arm more autonomy from the wholesale network -- an issue said to have divided the board.
Chief executive Ben Verwaayen said Danon's departure was...
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