Cable & Wireless Announces Appointment of New CEO, Inge Smidts
December 20 2017 - 4:15PM
Cable & Wireless Communications (C&W) today announced the
appointment of Inge Smidts as Chief Executive Officer. She is
replacing John Reid who announced earlier this month that he will
step down from the position of CEO in early 2018. Smidts joins
C&W from Liberty Global where she most recently held the
position of Chief Marketing Officer.
Prior to her role at Liberty Global, Smidts was
Senior Vice President - Residential Marketing and a member of the
Executive Team at Telenet Group. While there, she was responsible
for Go-to-Market reporting and overseeing the commercial strategy
for Telenet’s business.
Smidts has significant brand and marketing
experience having spent over ten years earlier in her career at
Procter & Gamble, where she started as Assistant Brand Manager
and was regularly promoted, ultimately to Business Leader for the
Benelux Paper business. Smidts holds a Master of Economics degree
from UFSIA in Antwerp and an MBA in Marketing from the IAE in
Aix-en-Provence.
Balan Nair, incoming President & CEO of
Liberty Latin America said, “Inge is a proven executive that has
delivered strong results throughout her career. We are excited that
she has agreed to lead C&W and join the Liberty Latin America
team next year once the split from Liberty Global is complete. I
also want to thank John Reid for his many contributions to the
company and facilitating a smooth transition.”
“Inge is a dynamic leader who has successfully
driven financial performance and built capable teams,” said
Betzalel Kenigsztein, Liberty Latin America’s Chief Operating
Officer. “As we look to the future for C&W, we are confident
that Inge is the right leader to help rebuild operations that were
damaged by this year’s hurricanes and deliver growth for all our
stakeholders.”
Smidts commented, “I am excited to take on the
role of CEO at C&W and work with the new management team that
will lead Liberty Latin America into the future. The prospects for
C&W are bright and I look forward to leveraging my experiences
at Liberty Global and Telenet to bring a commercial, marketing and
customer-focus that will help deliver results.”
John Reid, C&W’s current CEO, will help
ensure a seamless leadership transition until Smidts’ tenure begins
in February 2018. Under the new Liberty Latin America management
structure effective upon completion of the split-off from Liberty
Global, Smidts will report to Betzalel Kenigsztein, Liberty Latin
America’s COO.
About C&W
CommunicationsC&W is a full-service
communications and entertainment provider that delivers
market-leading video, broadband, telephony and mobile services to
consumers in 18 countries. Through its business division, C&W
provides data center hosting, domestic and international managed
network services, and customized IT service solutions, utilizing
cloud technology to serve business and government customers.
C&W also operates a state-of-the-art
submarine fiber network – the most extensive in the region.Learn
more at www.cwc.com, or follow C&W on LinkedIn, Facebook or
Twitter.
About Liberty Global Liberty
Global is the world’s largest international TV and broadband
company, with operations in more than 30 countries across Europe,
Latin America and the Caribbean. We invest in the infrastructure
that empowers our customers to make the most of the digital
revolution. Our scale and commitment to innovation enable us to
develop market-leading products delivered through next-generation
networks that connect our over 24 million customers who subscribe
to over 50 million television, broadband internet and telephony
services. We also serve over 10 million mobile subscribers and
offer WiFi service across 10 million access points.
Liberty Global’s businesses are comprised of two
stocks: the Liberty Global Group (NASDAQ:LBTYA) (NASDAQ:LBTYB) and
(NASDAQ:LBTYK) for our European operations, and the LiLAC Group
(NASDAQ:LILA) and (NASDAQ:LILAK) (OTC Pink:LILAB), which consists
of our operations in Latin America and the Caribbean.
The Liberty Global Group operates in 12 European
countries under the consumer brands Virgin Media, Unitymedia,
Telenet and UPC. The Liberty Global Group also owns 50% of
VodafoneZiggo, a Dutch joint venture, which has 4 million
customers, 10 million fixed-line subscribers and 5 million mobile
subscribers. The LiLAC Group operates in over 20 countries in Latin
America and the Caribbean under the consumer brands VTR, Flow,
Liberty, Más Móvil and BTC. In addition, the LiLAC Group operates a
sub-sea fiber network throughout the region in over 40 markets.
For more information, please visit
www.libertyglobal.com.
C&W
CommunicationsInvestor Relations:Kunal
Patel+1 (786) 376 9294
Media Relations:Claudia
Restrepo+1 (786) 218 0407
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