The CEO of Virgin Media in Ireland, Magnus Ternsjö, has moved to take the chief executive role at UPC Hungary – an internal switch between two Liberty Global-owned companies.
In his new job Ternsjö will report to Severina Pascu, who leads the Central and Eastern Europe region within Liberty Global, and he will be responsible for a business with 1,200 employees and more than 700,000 cable customers.
Ternsjö took the top job at UPC Ireland – which announced it was rebranding to Virgin Media last month – in June 2013. He became a member of the Virgin Media Executive Committee in December 2014.
“I have thoroughly enjoyed my time leading first UPC Ireland and, latterly, the transition to Virgin Media. This is a fantastic team with exciting plans for the future. While I leave Ireland with a heavy heart, I am looking forward to my next challenge leading the UPC Hungary business,” said Ternsjö.
Virgin Media CEO, Tom Mockridge, added: “Magnus has led our business in Ireland during a significant period. He leaves with our warmest wishes and many friends. Ireland is an important market for Virgin Media; we are investing to grow our business.”
Virgin Media Ireland said it will make an announcement about Ternsjö’s successor in “due course”.
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