Berkett named Virgin Media CEO
EmptyLONDON -- Virgin Media has promoted acting chief executive Neil Berkett to the full CEO post, the company said in a Nasdaq regulatory filing Friday.
The cable, television and broadband venture also said that its CFO, Jacques Kerrest, will leave in April.
Berkett, who also has been appointed to the NTL board, has spent the past six months as acting CEO, refocusing Virgin Media on the core services of mid-priced television packages, high-speed broadband and VOD services.
The cable group, in which Richard Branson is the biggest shareholder, had previously been building up its mobile and off-network businesses, but these have proved less popular with customers.
"Neil has a long and successful track record of managing and developing consumer-facing businesses and the board is delighted that he has accepted the role of chief executive officer," Virgin Media chairman Jim Mooney said.
Berkett joined Virgin Media -- then known as NTL -- in 2005 as COO and oversaw the integration between NTL and cable rival Telewest.