Liberty Global Announces Executive Leadership in Switzerland
November 16, 2020 at 06:45 am EST
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Liberty Global announced the appointment of two senior executives to lead its newly combined Swiss operations following the closing of its acquisition of Sunrise Communications AG (SIX Swiss Exchange: SRCG) last week. Effective immediately, André Krause is Chief Executive Officer of the combined Sunrise UPC business. He joins Liberty Global’s executive team, reporting to CEO Mike Fries. Krause is currently the CEO of Sunrise and served as the mobile operator’s Chief Financial Officer (CFO) for eight years prior. He was critical in leading the transformation of Sunrise’s network, customer service, brand and company culture and instrumental in the successful IPO and listing of the company on the Swiss exchange in 2015. Additionally, Severina Pascu will return to Switzerland to serve as Deputy CEO and Chief Operating Officer (COO), reporting to Krause. Pascu has been a longtime member of the Liberty Global family, having served most recently as CFO and Deputy CEO of Virgin Media in the United Kingdom. Prior to that she was CEO of UPC Switzerland from September of 2018 to January of 2020, and has spent the last 10 years in leadership positions in Liberty Global’s Central and Eastern European operations. Pascu will lead the combined consumer and business organizations, operations and digital functions.
Liberty Global Ltd. is an international fixed-mobile convergence (FMC) communications company. The Company is engaged in providing connectivity and entertainment services to its residential and business customers. It delivers next-generation products through advanced fiber and 5G networks and provides connections across Europe. The Companyâs 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 United Kingdom, and VodafoneZiggo in he Netherlands. The Company, through its global investment arm, Liberty Global Ventures, 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. Its products and services include Wi-Fi and Internet services, video, mobile and telephony services.