Arqiva Appoints Paul Donavan as CEO
Winchester, UK, April 20, 2020--Arqiva Group Ltd. announced that Paul Donovan has been appointed Chief Executive Officer (CEO) with immediate effect. Donovan succeeds Simon Beresford-Wylie who has been Chief Executive Officer since August 2015.
Donovan has over twenty years’ experience in senior executive roles across the technology, media and telecommunications sectors. He is currently non-executive Director on Arqiva’s Board and has previously been CEO of Odeon and UCI Cinemas Group and, before that, CEO of eir, Ireland’s leading telecommunications business. He was also a member of the Group’s Executive Committee at Vodafone where he led the Group’s emerging markets businesses.
During Donovan's predecessor Beresford-Wylie's tenure as CEO he has simplified the business and successfully driven year on year improvement in both revenue (four year CAGR of 3.9% to £999.5m last financial year) and EBITDA (CAGR of 5.9% to £526.4m in 2019).
Donovan’s appointment is with immediate effect. He will work with Beresford-Wylie over the coming months to ensure a smooth and orderly transition. Beresford-Wylie will formally leave Arqiva on the 30 June 2020.