After Frank Esser, Jean-Bernard Levy, Michel Combes and Stephane Roussel, Jean-Yves Charlier is expected to become the fifth CEO of French mobile operator SFR in just over a year.
This is according to financial newspaper Les Echos, which added that his…
After Frank Esser, Jean-Bernard Levy, Michel Combes and Stephane Roussel, Jean-Yves Charlier is expected to become the fifth CEO of French mobile operator SFR in just over a year.
This is according to financial newspaper Les Echos, which added that his appointment may be announced at the end of April, around parent company Vivendi’s next general assembly.
Since August 2012, Charlier has been serving as senior executive VP in charge of telecoms activities at Vivendi.
Stephane Roussel will also stay at the helm of SFR but will no longer be involved in the day-to-day operations of the operator, wrote the newspaper.
This new nomination comes as Vivendi has been seeking to revive the operator, which is facing increasing competition in its home market, mainly from Free Mobile.
Although Vivendi recently played down talk of an SFR separation, reports suggested that the company could be on the block.
Vivendi commenced a strategic review of its operations last year and chairman Jean-Rene Fourtou has said there are “no taboos” on how the company should go about it. The company launched sales processes for its two other telcos – GVT in Brazil and Maroc Telecom in Morocco – but has so far denied SFR is for sale. The sale of GVT was abandoned recently after DirecTV withdrew from the bidding process, leaving a PE consortium led by KKR as the only possible acquirer.
Vivendi was not immediately available for comment.
