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Bonfield began his career with [[Texas Instruments]] in [[1966]], based in [[Dallas]], [[Texas]]<ref>http://www.brunel.ac.uk/about/hongrads/1997/bonfield</ref>. After various design, manufacturing and management roles in North America, Europe and Asia, he joined ICL plc in [[1981]], as Group Marketing Director and Member of the main board. In [[1984]] he was appointed Chairman and Managing Director of ICL plc after its merger with STC plc, a telecommunications equipment manufacturer. In [[1987]] he was also appointed Deputy Chief Executive of STC plc. In [[1990]] as Chairman and CEO of ICL plc, he introduced the [[Fujitsu]] group as a major shareholder and one of the largest mainframe computer makers outside the U.S. He was later given a [[samurai sword]] as a gift by Fujitsu, which he kept in his office after that point.
Bonfield began his career with [[Texas Instruments]] in [[1966]], based in [[Dallas]], [[Texas]]<ref>http://www.brunel.ac.uk/about/hongrads/1997/bonfield</ref>. After various design, manufacturing and management roles in North America, Europe and Asia, he joined ICL plc in [[1981]], as Group Marketing Director and Member of the main board. In [[1984]] he was appointed Chairman and Managing Director of ICL plc after its merger with STC plc, a telecommunications equipment manufacturer. In [[1987]] he was also appointed Deputy Chief Executive of STC plc. In [[1990]] as Chairman and CEO of ICL plc, he introduced the [[Fujitsu]] group as a major shareholder and one of the largest mainframe computer makers outside the U.S. He was later given a [[samurai sword]] as a gift by Fujitsu, which he kept in his office after that point.


In [[1996]] Bonfield was appointed CEO and Chairman of the Executive Committee of [[BT Group|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<ref>http://news.bbc.co.uk/1/hi/business/1231535.stm</ref>.
In [[1996]] Bonfield was appointed CEO and Chairman of the Executive Committee of [[BT Group|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<ref>http://news.bbc.co.uk/1/hi/business/1231535.stm</ref>. 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<ref>http://news.independent.co.uk/business/news/article227511.ece</ref>.


Bonfield is presently a director of: [[AstraZeneca]], [[Sony]] Corporation, L.M. [[Ericsson]], [[TSMC]], [[NXP]]<ref>http://www.nxp.com/news/content/file_1267.html</ref>, and [[Mentor Graphics]]. He is also a non-executive director of the [[Department of Constitutional Affairs]]<ref>http://www.dca.gov.uk/dept/changprog/member_pbonfield.htm</ref>.
Bonfield is presently a director of: [[AstraZeneca]], [[Sony]] Corporation, L.M. [[Ericsson]], [[TSMC]], [[NXP]]<ref>http://www.nxp.com/news/content/file_1267.html</ref>, and [[Mentor Graphics]]. He is also a non-executive director of the [[Department of Constitutional Affairs]]<ref>http://www.dca.gov.uk/dept/changprog/member_pbonfield.htm</ref>.

Revision as of 14:38, 12 April 2007

Sir Peter Bonfield CBE FREng is the retired CEO of ICL and BT Group. He is a Fellow of the Royal Academy of Engineering.

Brought up in Hertfordshire, Bonfield graduated from Loughborough University with an engineering degree[1].

Bonfield began his career with Texas Instruments in 1966, based in Dallas, Texas[2]. After various design, manufacturing and management roles in North America, Europe and Asia, he joined ICL plc in 1981, as Group Marketing Director and Member of the main board. In 1984 he was appointed Chairman and Managing Director of ICL plc after its merger with STC plc, a telecommunications equipment manufacturer. In 1987 he was also appointed Deputy Chief Executive of STC plc. In 1990 as Chairman and CEO of ICL plc, he introduced the Fujitsu group as a major shareholder and one of the largest mainframe computer makers outside the U.S. He was later given a samurai sword as a gift by Fujitsu, which he kept in his office after that point.

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[3]. 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[4].

Bonfield is presently a director of: AstraZeneca, Sony Corporation, L.M. Ericsson, TSMC, NXP[5], and Mentor Graphics. He is also a non-executive director of the Department of Constitutional Affairs[6].

Bonfield was honored as a Commander of the Order of the British Empire in 1989, and subsequently dubbed a Knight by Queen Elizabeth II in 1996.

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

References

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