Former O2 CEO Peter Erskine’s Scoops Up £21 Million Paycheck


Nice. Former O2 CEO Peter Erskine left the operator with nearly £21 million, according to the Telegraph, which did some rummaging at Companies House. The fifty-seven year old quit the company in January, just two years after spearheading its sale to Spanish telecoms group Telefonica (NYSE: TEF) for £17.7 billion. According to Telefonica O2 filings, Erskine received £12 million at the end of 2006, following the sale of O2. He received another £14.6 million upon his retirement, and another £6 million in the form of a pension payment. Erskine helped transform O2 from its earliest days as BT

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