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Voo CEO resigns to be replaced by finance chief
Christopher Traggio, the CEO of Belgian cable operator Voo, has resigned to take on a new professional challenge, and has been replaced by chief financial officer Edouard Rodriguez.
Traggio took the helm at the operator, which provides services in French-speaking Wallonia, in August 2020, at the height of the COVID-19 pandemic. Voo said that he had been responsible for growth in profitability under difficult circumstances and had been responsible for the launch of the operator’s GIGA plan offering internet speeds of 1Gbps to all Voo customers, and the development of digital offering Zuny.
Rodriguez will take over the CEO role from today. He held senior roles at WBCC, Voo’s call centre, and BeTV before joining the finance team at Voo as CFO.
As CEO he will be tasked with overseeing the company’s transition to ownership by Orange Belgium, currently still awaiting authorisation by the EC.
Orange Belgium struck an agreement with Voo owners Nethys to acquire 75% minus one share in Voo last January. Nethys will retain a minority stake in the operator and its governance rights, while Orange Belgium offered Nethys the possibility of converting its stake in VOO into Orange Belgium shares.
Later, the EC opened an in-depth competition probe into the proposed acquisition. The Commission said it was concerned that the deal may reduce competition in the retail markets for the supply of fixed internet services, audio-visual services and multi-play bundles including fixed-mobile convergent services) in parts of Belgium.