Virgin Media has announced Tom Mockridge is stepping down as CEO.
He will be succeeded by Lutz Schüler, with the CEO handover due to take place in June.
Mockridge is leaving the company to move to Italy with his family. He became CEO of Virgin Media in 2013 following its acquisition by Liberty Global.
“Tom and I have known and worked with other each for much of the past three decades,” said Mike Fries, CEO of Liberty Global and chairman of Virgin Media. “His outstanding strategic and operational talent has always been greatly valued by me. While he will be spending more time in Italy, I’m sure he will remain close to the action in our industry for a long time to come.”
“It has been a privilege to lead Virgin Media over the past six years,” Mockridge added. “I’m very pleased to now hand the reins to an executive of Lutz’s calibre. He steps into the role of Virgin Media CEO with a strong platform for continued growth in the UK and Ireland.”