Liberty Global Announces Executive Leadership Changes in Europe
January 15 2020 - 12:00AM
Business Wire
Severina Pascu will join Virgin Media as CFO and Deputy CEO
Baptiest Coopmans to become CEO of UPC Switzerland
Liberty Global plc (“Liberty Global”) (NASDAQ: LBTYA, LBTYB and
LBTYK), one of the world’s leading converged video, broadband and
communications companies, announced that Severina Pascu will join
Virgin Media as Chief Financial Officer (CFO) and Deputy Chief
Executive Officer (CEO) effective February 1, 2020. Ms. Pascu is
currently CEO of Liberty Global’s Swiss operations, UPC
Switzerland, and will be succeeded in that role by Baptiest
Coopmans, Senior Vice President Operations for Liberty Global and a
key executive with the company for the past seven years.
In addition to leading the finance function at Virgin Media, Ms.
Pascu will take on responsibility for customer service and field
operations as well as logistics and supply chain, reporting to
Virgin Media CEO Lutz Schüler. She will also continue to be a
member of Liberty Global’s Executive Leadership Team.
“This is an exciting moment for Virgin Media,” said Mike Fries,
CEO Liberty Global. “Severina is a world class operator and finance
executive. She’s done extraordinary work executing our turnaround
plan in Switzerland and will be a critical partner to Lutz at
Virgin Media. They will be a powerhouse team.”
“Severina has a fantastic track record in telecoms markets
across Europe and has extensive operational and strategic
experience which will be invaluable to us at Virgin Media,” said
Schüler. “I’m looking forward to Severina joining the team next
month as we continue to transform our business and embark on an
exciting new growth chapter to help us realize our ambition to
become the most recommended brand in our sector for our people and
customers.”
Ms. Pascu started her career with Liberty Global as CFO of UPC
Romania in 2008 and has grown into a strong operator with
transformation experience across operations in Central and Eastern
Europe. She has held positions ranging from CEO of Romania and
Hungary and later for all of Liberty’s Central European businesses,
culminating in being CEO of UPC Switzerland. She has a proven track
record in finance and operations with a strong focus on customer
service, new product innovation and team management.
Pascu said: “I am delighted to join Virgin Media at such an
exciting time for the company and the industry. Virgin Media is an
incredible brand and I am looking forward to working with such an
amazing team. I leave a strong team in Switzerland with a solid
plan to bring UPC back to growth and I am confident that Baptiest
will provide strong and stable leadership there.”
Mr. Coopmans joined Liberty Global in 2013 as the CEO of UPC
Netherlands, where he led its merger of UPC with Ziggo to become
the leading national cable operator, and the subsequent creation of
VodafoneZiggo, the largest fixed-mobile converged challenger in the
Netherlands. He currently oversees technology, network and
operations for Liberty Global across Europe as well as the services
it delivers to other operators. In his new role Mr. Coopmans will
also oversee Liberty Global’s operations in Poland and Slovakia and
will be on Liberty Global’s Executive Leadership Team, reporting to
Mike Fries, CEO.
“Baptiest is a great fit for the UPC team,” said Fries. “He has
CEO experience and has done excellent work reshaping our operating
model to drive reduced costs and greater efficiency. There’s still
hard work to be done in Switzerland and Baptiest is well positioned
to take the reins.”
ABOUT LIBERTY GLOBAL
Liberty Global (NASDAQ: LBTYA, LBTYB and LBTYK) is one of the
world’s leading converged video, broadband and communications
companies, with operations in six European countries under the
consumer brands Virgin Media, Telenet and UPC. We invest in the
infrastructure and digital platforms that empower our customers to
make the most of the digital revolution. Our substantial scale and
commitment to innovation enable us to develop market-leading
products delivered through next-generation networks that connect 11
million customers subscribing to 25 million TV, broadband internet
and telephony services. We also serve 6 million mobile subscribers
and offer WiFi service through millions of access points across our
footprint.
In addition, Liberty Global owns 50% of VodafoneZiggo, a joint
venture in the Netherlands with 4 million customers subscribing to
10 million fixed-line and 5 million mobile services, as well as
significant investments in ITV, All3Media, ITI Neovision,
LionsGate, the Formula E racing series and several regional sports
networks.
For more information, please visit www.libertyglobal.com.
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