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Globe names interim CEO
The Philippine Star
|October 24, 2024
Network provider Globe Telecom Inc. has named the former CEO of a Nigerian telco as deputy head in preparation for his likely takeover next year as permanent chief.
In a disclosure to the Philippine Stock Exchange, Globe said it has appointed Carl Raymond Cruz as deputy CEO effective Jan. 1, 2025, delegating him with the task of managing the telco's day-to-day operations.
Cruz served as CEO and managing director of Airtel Nigeria, the largest unit under Airtel Africa, the second biggest telco in the continent with a subscriber base of 152.7 million.
He will report directly to Globe president and CEO Ernest Cu during his stint as deputy CEO. Afterward, he will be nominated to replace Cu at Globe's next annual stockholders meeting in April 2025.
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