Liberty Global Appoints Severina Pascu as Senior Vice President, Commercial & Operations
06 3월 2024 - 2:00PM
Business Wire
Liberty Global Ltd. (Liberty Global) (NASDAQ: LBTYA, LBTYB and
LBTYK) announces today that Severina Pascu has been appointed to
the newly created role of Senior Vice President, Commercial and
Operations.
Reporting directly to Liberty Global CEO Mike Fries, Ms. Pascu
will provide operating and commercial expertise in the management
of the company’s core FMC champions and venture activities. With a
versatile and cross-functional team, she will also lead specific
growth and operational improvement programs in both our consumer
and business segments with the intent of leveraging scale and
excellence across the organization. There will be no change in the
reporting structure of our current operating CEOs at the country
level.
Mike Fries, CEO, Liberty Global, commented: “Severina is a
world-class operator and leader. Her strong focus on driving change
will be instrumental in accelerating the execution of our in-market
strategies and shaping our future success. I’m excited to work more
closely with her as we implement our value creation strategies
across the group.”
Since joining Liberty Global in 2007 as CFO of UPC Romania,
Severina has held leadership positions in many of Liberty Global’s
European operations, including helping lead the turnaround of UPC
Switzerland as CEO before moving to Virgin Media as CFO and Deputy
CEO, supporting the transformation of the UK business. Most
recently, Severina was instrumental in driving and shaping the
successful merger of Sunrise and UPC Switzerland as Deputy CEO and
Chief Commercial Officer for Sunrise.
Prior to joining Liberty Global, Ms. Pascu held a number of
senior management positions in leading international companies.
From 2005 until 2007, she held an executive position at CAIB
Romania, one of the main investment banks in Central Europe.
Between 2000 and 2005 she was part of the management of US
telecommunications company Metromedia International.
Ms. Pascu, a graduate of the Bucharest Academy of Economic
Studies, began her career in 1996 at KPMG Romania. She will start
in her new role on March 15, 2024.
ABOUT LIBERTY GLOBAL
Liberty Global (NASDAQ: LBTYA, LBTYB and LBTYK) is a world
leader in converged broadband, video and mobile communications
services. We deliver next-generation products through advanced
fiber and 5G networks, and currently provide over 85 million*
connections across Europe. Our businesses operate under some of the
best-known consumer brands, including Sunrise in Switzerland,
Telenet in Belgium, Virgin Media in Ireland, UPC in Slovakia,
Virgin Media-O2 in the U.K. and VodafoneZiggo in The Netherlands.
Through our substantial scale and commitment to innovation, we are
building Tomorrow’s Connections Today, investing in the
infrastructure and platforms that empower our customers to make the
most of the digital revolution, while deploying the advanced
technologies that nations and economies need to thrive.
Liberty Global's consolidated businesses generate annual revenue
of more than $7 billion, while the VMO2 JV and the VodafoneZiggo JV
generate combined annual revenue of more than $18 billion.**
Liberty Global Ventures, our global investment arm, has a
portfolio of more than 75 companies and funds across the content,
technology and infrastructure industries, including stakes in
companies like ITV, Televisa Univision, Plume, AtlasEdge and the
Formula E racing series.
* Represents aggregate consolidated and 50% owned
non-consolidated fixed and mobile subscribers. Includes wholesale
mobile connections of the VMO2 JV and B2B fixed subscribers of the
VodafoneZiggo JV.
** Revenue figures above are provided based on full year 2023
Liberty Global consolidated results and the combined as reported
full year 2023 results for the VodafoneZiggo JV and full year 2023
U.S. GAAP results for the VMO2 JV.
Sunrise, Telenet, the VMO2 JV and the VodafoneZiggo JV deliver
mobile services as mobile network operators. Virgin Media Ireland
delivers mobile services as a mobile virtual network operator
through third-party networks. UPC Slovakia delivers mobile services
as a reseller of SIM cards.
Liberty Global Ltd. is listed on the Nasdaq Global Select Market
under the symbols "LBTYA", "LBTYB" and "LBTYK".
For more information, please visit www.libertyglobal.com or
contact:
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version on businesswire.com: https://www.businesswire.com/news/home/20240305443946/en/
Investor Relations Michael Bishop +44 20 8483 6246
Corporate Communications Bill Myers +1 303 220 6686 Matt
Beake +44 20 8483 6428
Liberty Global (NASDAQ:LBTYA)
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