BT CEO Allison Kirkby receives £5.6m pay package, more than doubling

BT CEO Allison Kirkby receives £5.6m pay package, more than doubling

9 reported

BT Group’s chief executive, Allison Kirkby, received a total pay and bonus package of £5.58 million for the year ending March 2026, more than double the £2.48 million she received in her first year as CEO. The package includes a £1 million cash bonus and £3.25 million in share awards under a long-term incentive program. This is the largest remuneration awarded to a BT boss since Ian Livingston received £9.4 million in 2012-13. The company noted that BT’s share price has surged nearly 80% since Kirkby took the helm in February 2024, which influenced the scale of her bonus and share awards. Kirkby also received a 3% salary increase to £1.1 million for the current year, while the company agreed to a 4.1% increase for employees earning under £30,000 and a 3% rise for those above that threshold. A BT spokesperson stated that the total remuneration for the first time includes the estimated value of long-term share awards, which will release over three years and have benefited from the share price increase.

What’s reported

Allison Kirkby’s total pay, bonus, and share award package for the year to March 2026 was £5.58 million.
This is more than double the £2.48 million package she received in her first year as CEO.
The package includes a £1 million cash bonus and £3.25 million in share awards.
BT’s share price has surged nearly 80% since Kirkby became CEO in February 2024.
Kirkby received a 3% salary increase to £1.1 million for the current year.
The company agreed to a 4.1% pay increase for employees earning under £30,000 and a 3% rise for those above that.
The largest previous BT CEO pay award was £9.4 million to Ian Livingston in 2012-13.
In 2021, BT announced a £15 billion investment to upgrade its network to full fibre broadband and 5G.
In 2023, BT said it would cut 55,000 staff from a global workforce of 130,000 by 2030.

Key figures

Allison Kirkby, chief executive of BT
Philip Jansen, predecessor of Kirkby
Ian Livingston, former BT boss who received £9.4m in 2012-13

Sources: The Guardian

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