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BCE Inc. and Bell Canada Announces Management Appointments
October 04, 2018 at 05:30 pm IST
BCE Inc. announced the appointment of Mirko Bibic as Chief Operating Officer for BCE Inc. and Bell Canada. As Chief Operating Officer, Mr. Bibic will leverage his deep knowledge of Bell's business and his experience in executing major corporate initiatives to lead the company's largest customer-facing business units. Effective October 4, 2018, Rizwan Jamal, President of Bell Residential and Small Business; Blaik Kirby, President of Bell Mobility; and Tom Little, President of Bell Business Markets report to Mr. Bibic in his role as COO. Mr. Bibic will also continue to lead legal and regulatory strategy for BCE and the Bell group of companies. Mr. Bibic has been a key driver in the success of Bell's broadband investment and innovation strategy as Executive Vice President of Corporate Development. This includes his oversight of strategic M&A transactions such as the acquisitions of Astral Media and Manitoba Telecom Services Inc., Bell's participation in multiple wireless spectrum auctions, and a wide range of other investment and partnership initiatives. Bell announced the appointment of Wade Oosterman as Vice Chair of BCE and Bell Canada. A highly respected leader in the Canadian communications industry, including 12 years at Bell in increasingly expansive executive roles, Mr. Oosterman assumes a senior advisory and oversight role on the Bell executive team, in addition to his existing leadership of Bell Media as Group President and his role as Bell's Chief Brand Officer. Bell Media President Randy Lennox continues to report to Mr. Oosterman. Both Mr. Bibic and Mr. Oosterman will continue to report to George Cope, as will these members of the Bell executive team: Michael Cole, Chief Information Officer; Stephen Howe, Chief Technology Officer; Bernard le Duc, Executive VP, Corporate Services; Glen LeBlanc, Chief Financial Officer and Vice Chair, Atlantic; Martine Turcotte, Vice Chair, Québec; and John Watson, Executive VP, Customer Experience.
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BCE Inc. is a Canada-based communications company. The Company provides wireless and fiber networks. The Company operates through one segment: Bell Communication and Technology Services (Bell CTS). Bell CTS segment provides a range of communication products and services to consumers, businesses and government customers across Canada. Its wireless products and services include mobile data and voice plans and devices and are available nationally. Its wireline products and services comprise data (including Internet access, Internet protocol television (IPTV), cloud-based services and business solutions), voice, and other communication services and products, which are available to its residential, small and medium-sized businesses and large enterprises customers primarily in Ontario, Quebec, the Atlantic provinces and Manitoba. This segment includes its wholesale business, which buys and sells local telephone, long-distance, data, and other services from or to resellers and other carriers.
More about the company
Last Close Price
45.96
CAD
Average target price
51.33
CAD
Spread / Average Target
+11.68%
Consensus
+951% of historical performance
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