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Vodafone & Liberty joint venture elects CEO and CFO

Jeroen HoencampVodafone Group Plc and Liberty Global plc to appoint Jeroen Hoencamp as CEO and Ritchy Drost as CFO of the two companies’ proposed 50-50 joint venture business combining Vodafone Netherlands and Ziggo.

Mr. Hoencamp is currently the Chief Executive of Vodafone UK. Mr. Hoencamp has led Vodafone’s UK business since September 2013 and was previously Chief Executive of Vodafone Ireland.

Before that, he spent 12 years in a number of senior executive roles (including Sales Director and Enterprise Business Unit Director) with Vodafone Netherlands.

Earlier in his career he worked in senior marketing and sales positions with Canon Southern Copy Machines, Inc. in the USA and Thorn EMI/Skala Home Electronics in The Netherlands. He is a former officer in the Royal Dutch Marine Corps.

In anticipation of the joint venture closing, Vodafone Group also announced that Jeroen Hoencamp will assume the position of Chief Executive of Vodafone Netherlands, effective 1 September 2016.

Ritchy Drost is currently Chief Financial Officer of Ziggo, a position he has held since September 2015.

Over a 17-year career with Liberty Global he has held a number of senior management positions including Chief Financial Officer, European Broadband Operations and Managing Director and Chief Financial Officer of UPC Netherlands, Liberty’s predecessor Dutch cable operation.

Prior to joining Liberty Global, Mr. Drost was an auditor at Arthur Andersen.

These appointments are subject to works council consultation.

Additionally, Liberty Global announced that Ziggo Chief Executive Baptiest Coopmans will remain in his current position as CEO until completion of the transaction, after which he will join the supervisory board of the joint venture as one of Liberty Global’s appointed directors.

Mr. Coopmans has held the Chief Executive position at Ziggo since November 2014 and successfully led the merger and integration of UPC and Ziggo.

Vodafone Netherlands Chief Financial Officer Carmen Velthuis will remain in her current position until the merger has completed.


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