StockMarketWire.com - BT Group said Tuesday that it would consider 'a broader range of performance factors' when considering the size of its executive pay packets.

The telecom giant was responding to a large vote at its annual general meeting in July against its remuneration report. The resolution was only backed by 66% of shareholders at the time.

Meetings with investors indicated a primary concern regarded the level of annual bonus paid to the company's former chief executive Gavin Patterson, especially considering that he was about to leave the company.

'While discretion is ultimately subjective, the remuneration committee will take steps to implement a more structured process to help it step through the application of its discretion in the future,' BT said in a statement Tuesday.

'This will include taking into consideration a broader range of performance factors and wider circumstances when coming to a decision on pay outcomes.'


At 1:23pm: [LON:BT.A] BT Group PLC share price was -2.05p at 248p



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