Americas-focused Cable and Wireless Communications (CWC) has found a new chief financial officer in Perley McBride, formerly CFO of US mobile operator Leap Wireless.
McBride was made CFO of Leap at the end of 2012, but left last month after the group…
Americas-focused Cable and Wireless Communications (CWC) has found a new chief financial officer in Perley McBride, formerly CFO of US mobile operator Leap Wireless.
McBride was made CFO of Leap at the end of 2012, but left last month after the group was snapped up by US telecoms giant AT&T in a US$1.2bn deal.
He will take up his new role on 26 June to replace Tim Pennington, who was poached by Stockholm-listed Millicom earlier this year.
CWC CEO Phil Bentley said: “We have set out our new strategy to return this business to growth, and Perley’s knowledge and experience of both fixed and mobile operations will be crucial in delivering on this commitment.
“He has strong relationships with US investors and banks and a track record of improving operating efficiency,” Bentley added.
CWC has been stripping itself of noncore assets to increase its focus on the Americas. Last month it completed the sale of a 55% chunk in Monaco Telecom for US$445m.
