Telecoms group starts search for new CEO

Telecoms group KCOM has launched the search for a new chief executive.

The Hull-based group said Bill Halbert – its current CEO- will remain with the business until a handover is completed.

Halbert first joined the KCOM Group board as a non-executive director in 2006.

During his 11 years with the group, he has held a number of leadership positions, having first stepped up in July 2009 to become executive chairman and then chief executive in 2014.

Chairman Graham Holden, said: “Bill has made a significant contribution to the development of the group, particularly since his appointment as executive chairman in 2009. Under his leadership, the business has been fundamentally strengthened in terms of its financial position and its reputation in its chosen markets. On behalf of the board, I would like to thank him for his dedication and commitment to KCOM, and for his continued support in delivering an orderly transition of leadership.”

KCOM said it remains on track to deliver an overall EBITDA performance that is slightly ahead of the board’s expectation, and a revenue performance slightly behind, for the year ended March 31.