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ImageBen Verwaayen, British Telecom

British Telecom Group, one of the largest telecommunications companies in Europe, saw the departure of its CEO Ben Verwaayen in the month of April.

Having served BT for almost six years, Verwaayen headed back to the US to take up a position with a venture capital firm. Verwaayen joined BT in January 2002 after quitting his job from US equipment vendor Lucent.

During his tenure at BT, Verwaayen initiated a complete broadband overhaul of BT's aging infrastructure. He mended fences with Ofcom, the UK's version of the FCC.

Fifty-six year old Dutch national was also awarded an honorary knighthood for services to the communications industry. Verwaayen helped BT buy a slew of US-based companies including Infonet, Radianz, Counterpane and INS pushing the telecom giant into a number of emerging markets.

Ian Livingston, who was chief executive of BT Retail, succeeded Verwaayen.