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Fujitsu CEO Steps Down Amid £1.8 Billion Payouts

1/29/2026

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Summary

Story summary

Paul Patterson, Fujitsu's European CEO, will step down in March 2026 to become non-executive chair of Fujitsu UK's business.
Patterson has been involved in the Post Office IT scandal inquiry linked to Horizon.
Patterson said Fujitsu had a "moral obligation" to compensate victims and knew of Horizon issues since the 1990s.
The UK government estimates payouts could reach £1.8 billion.
The inquiry's final report is awaited for further action.

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Story summary

Paul Patterson, Fujitsu's European CEO, will step down in March 2026 to become non-executive chair of Fujitsu UK's business.
Patterson has been involved in the Post Office IT scandal inquiry linked to Horizon.
Patterson said Fujitsu had a "moral obligation" to compensate victims and knew of Horizon issues since the 1990s.
The UK government estimates payouts could reach £1.8 billion.
The inquiry's final report is awaited for further action.