Paula Cogan, CEO of euNetworks, supplier of broadband infrastructure in Western Europe, has introduced her resignation from the agency, efficient August 27, 2024. Kevin Dean has rejoined the corporate as Interim CEO after serving as CMO and a vital element of the euNetworks govt group from 2014 to the tip of 2022. The group is conducting a radical search course of to discover a everlasting new CEO who will be a part of the corporate in 2025.
Paula Cogan, who has virtually 40 years of expertise within the telecom sector, joined euNetworks in 2021 and initially assumed the position of President, overseeing all operational parts of the corporate. Starting on January 1, 2023, she was named CEO of euNetworks. She oversaw the corporate’s profitable debt refinancing and fairness recapitalization with the assistance of Stonepeak, APG Asset Administration (APG), and Funding Administration Company of Ontario (IMCO). Paula’s resignation from euNetworks coincides with the refinancing being accomplished efficiently.
Paula Cogan stated, “I am extremely pleased with the group and what’s been achieved throughout my time at euNetworks. I’ve watched the corporate develop and develop over time. With the debt refinancing and recapitalization, euNetworks is now higher positioned to develop with its clients and attain new heights of industry-leading excellence. I’ve determined to retire at this level in my life after a protracted and fruitful profession within the subject. I might wish to categorical my gratitude to all the wonderful people at euNetworks as I go away the corporate. Your exceptional accomplishments, fixed dedication, and help for each purchasers and each other make euNetworks an {industry} chief. I really feel privileged and appreciative to have contributed to your work.”
‘Monitor Report of Mentorship and Individuals Administration’
“Paula is a exceptional chief, and euNetworks has drastically valued her contribution throughout her tenure,” stated Brady Rafuse, euNetworks’ non-executive chairman. “Paula has led worldwide gross sales, advertising, engineering, and business groups all through her profession, which has included some very revolutionary durations in our {industry}. Quite a few people have benefited from her nice monitor document of mentorship and other people administration in addition to her dedication to selling inclusion and variety within the telecom sector. Take pleasure in your time, Paula, and thanks.”
“The profitable refinancing of euNetworks additional empowers the corporate to leverage its distinct place within the area and because the market chief in information middle connectivity in Europe,” stated Cyrus Gentry, Managing Director at Stonepeak. “In an more and more linked world, the place necessary fiber networks type the inspiration of the long run digital infrastructure panorama, euNetworks repeatedly distinguishes itself. We congratulate Paula on behalf of the euNetworks Board and buyers and want her properly in her retirement.”
Kevin Dean oversaw product, infrastructure investments, business operations, advertising, and strategic initiatives whereas serving as CMO at euNetworks. He has continued to work carefully with Stonepeak and has taken on a wide range of advising jobs within the information middle and communications infrastructure enterprise since leaving euNetworks. Kevin Dean’s position as Interim CEO of euNetworks could be distinguished by his experience.