Eircom appoints new CEO and CFO

Eircom Group today announced the appointment of Herb Hribar as Group Chief Executive Officer and Richard Moat as Group Chief Financial Officer.

Both will be appointed to the boards of Eircom Holdco S.A. and eircom Holdings (Ireland) Limited and will take up their roles in early September.

Mr Hribar has been president of Ameritech Wireless in the US, managing director of Kabel Deutschland, Europe’s largest cable operator and COO of Cablecom in Switzerland.

He previously served as eircom's managing director Wholesale/Networks from 2002-2004.

Richard Moat was recently managing director at T-Mobile UK before becoming deputy chief executive and chief financial officer of Everything Everywhere.

Commenting on the announcement, eircom chairman Ned Sullivan said: “Eircom is delighted to have secured the services of two highly experienced and talented industry executives.

"Herb and Richard join eircom at an exciting time, with a recently restructured balance sheet and reduced debt.

"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.”

“On behalf of the board, I would also like to recognise the significant contribution of outgoing CEO Paul Donovan over the past three years. We wish him every success in the future as he returns to the UK.”