Hampton has reportedly informed BT that he has no wish to stay beyond the end of his two-year contract, which expires next year.
According to The Independent he will remain until the end of his contract. He has already ruled himself out as a candidate for the chief executive’s job, which becomes vacant when Sir Peter Bonfield leaves in January.
Another internal candidate, Pierre Danon, head of BT Retail, has also ruled himself out, according to weekend reports.
Hampton joined BT from British Gas, after guiding the double demerger of the group – first into Centrica and British Gas, and then into British Gas Group and Lattice.
Last month the telco announced chief executive Sir Peter Bonfield would step down from the position in January, a year early, with a golden handshake of Pounds 1.5m. He follows chairman Sir Iain Vallance, who resigned in April.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements