Philip Jansen appointed as new CEO of BT Group Plc

BT Group Plc named Philip Jansen as Chief Executive Officer on Thursday to replace Gavin Patterson after its chairman said in June a new leader was needed to restructure Britain's biggest broadband and mobile provider.

Jansen, who joins from U.S.-based payment processing firm Worldpay where he was a co-chief executive, will be appointed to the board as an executive director on Jan. 1 and will take over from Patterson on Feb. 1.