GO plc’s chief commercial appointed chief executive

GO plc is pleased to announce that Yiannos Michaelides, currently Chief Commercial Officer, will be assuming the role of company CEO as of September 7, 2012.

David Kay, who has been chief executive of GO since 2006, has resigned for personal reasons. He will be working closely with the chief executive designate to ensure a smooth and orderly transition over the coming weeks.

With immediate effect, GO's board of directors has appointed Michaelides as deputy CEO until he takes over the role of the CEO. 

GO plc chairman, Deepak Padmanabhan, commented: "Under the leadership of David Kay, GO has been transformed from a traditional telecommunications incumbent into an agile, modern and customer-centric quad play organization. Together with GO's management team, David has been instrumental in driving Company's performance and led GO to record significant achievements.

"These included developing GO into one of the most recognised brands in Malta, establishing a strong presence not only in the mobile sector but in broadband and Pay TV markets and launching innovative products and services across all sectors of the business. Therefore, on behalf of the shareholders, staff and the Board of Directors, I would like to thank him for his outstanding contribution, commitment and dedication. We wish him all the best in his future endeavours."

Prior to joining GO, Michaelides was senior executive at Emirates International Telecommunications Limited (EITL), GO's main shareholder, with responsibilities which included portfolio management and value creation at EITL portfolio companies.

Before joining EITL he was Vice President of Strategic Marketing at du, the new integrated telecoms operator in the UAE. Prior to du he held a variety of senior marketing and managerial positions with leading telecommunication businesses in North America, Europe, the Middle East and Africa.