Mark Reid, Proximus Group CFO, has decided to leave Proximus

Proximus Group announces that Mark Reid will leave the company at the end of January 2026 to pursue other career opportunities in the UK.

Mr. Reid joined Proximus in May 2021. Before that, he held diƯerent Senior Financial roles in British Airways, Travelport, Yahoo and the Liberty Global group and has worked in Switzerland, UK & the US.

He played a crucial role in the execution of the #inspire2022 strategy by bringing Domestic operations back to top line and EBITDA growth as of 2022.

In the frame of the #bold2025 strategy, Mr. Reid and his team not only realised consistently strong financial performances in a context of increasing market competition and material investment needs to build the gigabit network of the future in Belgium, but he also executed a rigorous M&A strategy leading the Group to a successful divestment program of around EUR 500 million' by the end of 2025.

After the creation of Proximus Global, at the beginning of 2025, he also took on the responsibilities of Proximus Global CEO ad interim between April and November with his characteristic drive and dedication.

Stijn Bijnens, CEO of the Proximus Group: "Together with the Board and my colleagues from the Proximus Leadership Squad, I would like to thank Mark for his major contribution to the financial growth and health of Proximus, in a period of an unseen CAPEX investment program in our fiber network. With his team, he equally showed courage and determination to implement a considerable domestic divestment program. And for sure, I want to thank Mark for taking on ad interim the CEO role at Proximus Global till November. We wish Mark a lot of success in his new endeavors."

Shares of ROUTE MOBILE LIMITED was last trading in BSE at Rs. 696.15 as compared to the previous close of Rs. 684.50. The total number of shares traded during the day was 11171 in over 549 trades.

The stock hit an intraday high of Rs. 713.90 and intraday low of 672.15. The net turnover during the day was Rs. 7798708.00.

Source : Equity Bulls

Keywords

ROUTEMOBILE INE450U01017 ProximusGroup CFO Resignation