Lutz Schüler is swapping the top job at one Liberty Global division for another after being appointed chief operating officer of Virgin Media having served since 2011 as Unitymedia CEO. He will take on the role from September 10th and report directly to Virgin Media CEO Tom Mockridge.
“For the past eight years Lutz has done an outstanding job running our operations in Germany and creating significant value for Liberty Global,” said Liberty Global president and CEO, Mike Fries.
“Since our initial acquisitions in 2009 and 2010, Unitymedia has grown revenue 60 per cent and operating cash flow 80 per cent and has led the market in broadband innovation. With the pending sale of our German business to Vodafone, Virgin Media takes on greater importance within our platform in Europe and we want the strongest team possible driving this business. I couldn’t be happier to keep Lutz in the Liberty family.”