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Former Vodafone man new Eircom CEO

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  • 15-05-2009 4:53pm
    #1
    ninjasurfer1
    Registered Users Posts: 485 ✭✭


    Wonder if this will make any difference to eircom's future?


    http://www.rte.ie/business/2009/0515/eircom.html


    EXTRACT:

    Eircom has named former Vodafone Ireland chief executive Paul Donovan as its new chief executive. He will take up the post on July 1.

    The company has been without a permanent chief executive since Rex Comb stepped down earlier this year, though Cathal Magee has been acting chief executive.

    Mr Donovan spent nine years with Vodafone, which included three years as head of Vodafone Ireland. Most recently he was Vodafone CEO for Central Europe, Middle East and Asia Pacific.

    Eircom chairman Ned Sullivan said Mr Donovan's vast industry experience and specific knowledge of the Irish market would be critical in leading the company through the challenges lying ahead.

    Earlier this week, Eircom announced it had agreed a restructuring deal with union representatives which would result in 1,200 jobs being cut over the next two years.

    The company's board also said last month it was confident of finding an alternative to the proposal from a group of Australian businessman to buy the company. The board is opposing an approach from a group of Australian businessmen, led by Rob Topfer, who was involved in the takeover of Eircom in 2006.


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    #2
    croo
    Moderators, Technology & Internet Moderators Posts: 1,335 Mod ✭✭✭✭croo


    Wasn't Vodafone Ireland Eircom's Eircell originally?
    Is this a case of an outsider coming in or an insider returning to the fold?


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    #3
    Isaac702
    Registered Users Posts: 230 ✭✭Isaac702


    Ye the Vodafone group bought Eircell and it went on from there to become Vodafone Ireland.

    This is an interesting move by Eircom however I don't have much faith in it improving anything. They simply don't have the capital to make the changes they need to.

    As far as I can see Paul Donovan didn't have any connection to Eircom as he was the commercial managing director in Vodafone UK before he became CEO of Vodafone Ireland and so did not have anything to do with Eircell.


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    #4
    croo
    Moderators, Technology & Internet Moderators Posts: 1,335 Mod ✭✭✭✭croo


    Isaac702 wrote: »
    Paul Donovan didn't have any connection to Eircom as he was the commercial managing director in Vodafone UK
    Good to know thanks.


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