0852 GMT - BT Group is among the most mentioned companies across news items over the past three hours, according to Factiva data, after the company said that Chief Executive Philip Jansen plans to step down from his role over the next year after just over four years in the role. BT said it has started a formal search for his replacement and will consider all appropriate candidates, with an announcement expected over the summer. During the course of Jansen's tenure the company's stock has fallen by more than 45%, highlighting the pressure he has likely received from shareholders, Interactive Investor's head of investment Victoria Scholar writes. AJ Bell's investment director Russ Mould writes that while the telecoms giant's boss made logical decisions, he won't be remembered for breathing life back into the business. "It's still the slow, creaking juggernaut today that it was before he joined," Mould says. Shares are down 0.4% at 121.80 pence. Dow Jones & Co. owns Factiva. (ian.walker@wsj.com)

(END) Dow Jones Newswires

July 10, 2023 05:07 ET (09:07 GMT)

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