United Group appoints new CEO and deputy
Telecommunications and media provider United Group has announced a major leadership transition as it sharpens its focus on EU markets following the successful sale of its non-EU operations.
Stan Miller takes over as chief executive, with Libor Voncina appointed deputy chief executive.
Both bring decades of telecoms experience across Europe.
Stan has previously held senior roles including chief executive of KPN Mobile, while Libor Voncina is a former chief executive of Telecom Slovenia and Sunrise Communications, where he led its initial public offering (IPO).
Founder Dragan Šolak and current chief executive Victoriya Boklag are stepping down from their roles.
The changes follow United Group’s strategic divestment of its non-EU assets for a combined €1.5 billion enterprise value.
The company now serves over 40 million customers across EU markets, generating around €3 billion in revenue and €1 billion in EBITDAaL.
Nikos Stathopoulos, chairman, Europe at BC Partners, said: “In our six-year partnership with United Group, we have worked together with Dragan and team to quadruple the size of the business and successfully diversify it away from a regional operator into a major European platform with significantly strengthened EU positioning.
“Following our strategic divestment of UG’s non-EU assets, the company today is a focused operator with leadership positions across key high-growth EU markets, where the business offers leading converged mobile and fixed telco services and where we see considerable above-industry growth and further consolidation potential.
“With a proven track record of successfully leading and growing European telecom businesses, Stan and Libor are the right executives to lead UG as it executes the next stage of its strategy.
“We want to thank Dragan and Victoriya for their work in building the business to where it is today and wish them success in their future endeavours.”
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