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Eircom appoints new management
06 August 2012
Irish incumbent appoints new CEO and CFO to take over in September after rescue from bankruptcy
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Ireland
Eircom
ST Telemedia
bankrupt
Irish
T-Mobile
Irish operator Eircom has appointed Herb Hribar as group chief executive, replacing Paul Donovan, with effect from September 2012.
The company — formerly owned by Singapore’s ST Telemedia — was rescued from bankruptcy in June after the debt holders took over the operation.
Hribar was president of Ameritech Wireless, Kabel Deutschland’s managing director and COO of Cablecom. He was Eircom’s managing director of wholesale and networks a few years ago.
At the same time the new owners have named Richard Moat as group chief financial officer, effective September 2012. He was managing director of T-Mobile UK until it was merged into Orange UK as Everything Everywhere, when he became deputy chief executive and chief financial officer.
Eircom chairman Ned Sullivan said: “Eircom is delighted to have secured the services of two highly experienced and talented industry executives. Herb and Richard join Eircom at an exciting time, with a recently restructured balance sheet and reduced debt.”
Sullivan added: “Herb will lead the continued transformation of Eircom including the investment in our fibre network that will support new high bandwidth products to further position the business for the future.” GTB
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