Magnus Ternsjö to take up new role as UPC Hungary CEO
Virgin Media today announced that Magnus Ternsjö, CEO of its operations in Ireland, has been appointed as CEO of UPC Hungary – a sister company within Liberty Global plc.
Magnus joined UPC Ireland as CEO in June 2013 and became a member of the Virgin Media Executive Committee in December 2014. Under Magnus’ stewardship, the former UPC Ireland was successfully restructured, launched Horizon and a new mobile proposition for consumers, and earlier this month introduced the Virgin Media brand to Ireland.
In his new role, Magnus will be responsible for a business with 1200 employees serving more than 700,000 cable customers. He will report to Severina Pascu who leads the Central and Eastern Europe Region within Liberty Global. Magnus will take up his new role with effect from 1 November 2015. The Company will make an announcement about Magnus’ successor in due course.
Tom Mockridge, Virgin Media CEO, said:
“Magnus has led our business in Ireland during a significant period. He leaves with our warmest wishes and many friends.
“Ireland is an important market for Virgin Media; we are investing to grow our business.”
Magnus Ternsjö, CEO of UPC Hungary, said:
“I have thoroughly enjoyed my time leading first UPC Ireland and, latterly, the transition to Virgin Media. This is a fantastic team with exciting plans for the future.
“While I leave Ireland with a heavy heart, I am looking forward to my next challenge leading the UPC Hungary business.”