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news from eircom towers

  • 29-09-2014 8:24am
    #1
    bealtine
    Registered Users, Registered Users 2 Posts: 4,051 ✭✭✭


    Herb Hribar stepping down as CEO of eircom. Comes days after the company decided against a planned IPO. CFO Richard Moat to be acting CEO


Comments

  • #2
    Bill Shock
    Registered Users, Registered Users 2 Posts: 49 ✭Bill Shock


    Hardly surprising......he was brought in to get the company to a position where it could be sold and the bond(share)holders could get out of the mess they found themselves in. He failed in that respect and given his own personal history of never staying in one place for too long, his departure was widely expected. No doubt another Frankenstein is waiting in the wings to take his place....meanwhile ESBS/Vodafone project coming over the hill to potentially drive final nail in Eircom coffin.....


  • #3
    bealtine
    Registered Users, Registered Users 2 Posts: 4,051 ✭✭✭bealtine


    Yeah but the bit about not going for an IPO (the initial thing is a bit hackneyed) is the most interesting snippet being reported


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