Peter Bonfield

Sir Peter Bonfield, CBE, FREng (born 1944 [ [http://www.SirPeterBonfield.com/ Sir Peter Bonfield Home Page ] ] [GRO Register of Births: JUN 1944 3a 1862 HITCHIN - Peter L. Bonfield, mmn = Talbot] ) is the retired chief executive of ICL and BT Group. He is a Fellow of the Royal Academy of Engineering.

Brought up in Hertfordshire and educated at Hitchin Boys' School, Bonfield graduated from Loughborough University with an engineering degree [http://news.bbc.co.uk/1/hi/business/1231535.stm BBC News | BUSINESS | Sir Peter Bonfield: A profile ] ] . He was Chief Executive of International Computers Ltd. from 1985 until the end of 1995. In 1996 Bonfield was appointed CEO and Chairman of the Executive Committee of British Telecommunications plc, where he served until early 2002. Promising a "rollercoaster ride", during Bonfield's tenure the share price went from £4 to £15, and back again to £5. Bonfield's salary to 31 March, 2001, was a basic of £780,000 (increasing to £820,000) plus a £481,000 bonus and £50,000 of other benefits including pension. He also received a deferred bonus, payable in shares in three years' time, of £481,000, and additional bonuses of £3.3 million [ [http://news.independent.co.uk/business/news/article227511.ece BT's Sir Peter Bonfield stands to gain extra £3.3m in share bonuses - Business News, Business - Independent.co.uk ] ] . Andreas Whittam Smith writing in The Independent newspaper called Bonfield, Chairman Iain Vallance and Deputy Chairman Lord Marshall of Knightsbridge "The men who broke the bank at British Telecom" [ [http://comment.independent.co.uk/columnists_m_z/andreas_whittam_smith/article243911.ece Andreas Whittam Smith: The men who broke the bank at British Telecom - Andreas Whittam Smith, Commentators - Independent.co.uk ] ] .

Bonfield is presently a director of: AstraZeneca, Dubai International Capital,citeweb|url=http://us.ft.com/ftgateway/superpage.ft?news_id=fto112920071228175838&page=2|title=Dubai fund hires big hitters|publisher=Financial Times|date=2007-11-29|accessdate=2008-09-01] Sony Corporation, L.M. Ericsson, TSMC [http://www.theregister.co.uk/2002/04/05/tsmc_hires_sir_peter_bonfield] , NXP Semiconductors [ [http://www.nxp.com/news/content/file_1267.html NXP Semiconductors Appoints Sir Peter Bonfield as Chairman of Supervisory Board ] ] , and Mentor Graphics. He is also a non-executive director of the Department for Constitutional Affairs [ [http://www.dca.gov.uk/dept/changprog/member_pbonfield.htm Department for Constitutional Affairs - The Department - Ministerial Executive Board - Sir Peter Bonfield CBE, FREng ] ] .

Bonfield was honored as a Commander of the Order of the British Empire in 1989, and subsequently dubbed a Knight Bachelor by Queen Elizabeth II in 1996. In 1995 he was awarded the Mountbatten Medal.

Married, he and his wife live in Richmond in a house by the River Thames.

References

External links

* [http://www.SirPeterBonfield.com/ Sir Peter Bonfield Home page]
* [http://news.bbc.co.uk/1/hi/business/1231535.stm Profile of time as BT CEO at BBC News]