Meet the CEO betting big on his company’s success
The new chief executive (CEO) of Cable & Wireless Communications (CWC) is investing more than just his time in the company's success. Phil Bentley, who replaced Tony Rice as CEO on 1 January has bought 4.3m shares in the company since his appointment.
The value of the shares amounts to three times Mr Bentley's base salary. He has also been awarded 4.3m performance shares.
Commenting on his plans for the company as CEO, Mr Bentley said:
My priorities will be driving top line growth, continuing cost discipline, increasing returns on capital and improving customer service. I'm confident we can evolve our strategy to become the leading communications provider in the region and offer a distinctive investor proposition.
Prior to becoming CEO of CWC, Phil Bentley served as the managing director of British Gas from 2007 to 2013 and has been on the board at Centrica since 2000.