eircom is making another move forward with its recovery, announcing on Friday that it named Herb Hribar as group chief executive officer--replacing Paul Donovan--and Richard Moat as group chief financial officer.
Set to take their new roles at the telco in September, the two telecom veterans will also take a seat on the telco's two key divisions Eircom Holdco and eircom Holdings.
Most recently, Hribar served as the CEO of Ethernet exchange operator CENX.
Although he just joined CENX last year, company president Nan Chen said that Hribar helped drive it into new areas such as wireless backhaul.
"Herb has executed a terrific refocusing at CENX, helping the company tackle the huge opportunity in wireless backhaul," said Nan Chen, President of CENX, in an e-mail to FierceTelecom. "CENX is now working with many operators and continues to attract strategic partnerships and capital from leading investors in the space."
Hribar is no stranger to eircom having served as managing director wholesale/networks at the eircom from 2002-2004. He has broad experience in both the U.S. and the European telecom markets, serving as the president of Ameritech Wireless, managing director of Kabel Deutschland, and COO of Cablecom in Switzerland.
Likewise, Moat comes to eircom with 20 years of international wireless industry experience. Prior to eircom, he served as managing director for T-Mobile UK, before becoming deputy chief executive and chief financial officer of Everything Everywhere.
One of the key initiatives that Hribar and his team will drive in the next few years will be the ongoing build out of the Ireland-based provider's Fiber to the X (FTTX) network plans.
In late 2011, the service provider set an aggressive timeline to roll out both Fiber to the Cabinet (FTTC) and Fiber to the Premises (FTTP) networks that will 1 million homes by 2015.
"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," said Ned Sullivan, Chairman, eircom Group.
For more:
- see the release
- silicon republic has this article
Related articles:
Hutchison €2B bid for Eircom torpedoed
NRTC asks ViaSat to offer additional satellite broadband package; Ireland's Eircom for sale
eircom to reach 1 million homes in Ireland with fiber-based broadband by 2015
Eircom dedicates $143.3M to build out broadband, IPTV
STT looks for new ways to refinance Eircom's debt