Three CEO Dave Dyson steps down
Three CEO Dave Dyson is stepping down from his position after nine years as the company is set to undergo a significant restructuring that will see ties with Three Ireland strengthened.
Dyson is leaving Three for personal reasons, but will continue to serve as a board member and as an advisor to parent company CK Hutchison.
He will be replaced by Three Ireland CEO Robert Finnegan, who will now hold both roles simultaneously. Finnegan has been in his current post since the company launched in 2005 and has grown Three's market share from one per cent to 36 per cent.
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Closer European integration has been a priority for CK Hutchison, which also has networks in Austria, Denmark, Ireland, Italy and Sweden. With the merger of O2 and Three almost complete in Ireland, the company has decided to use the opportunity to accelerate this process.
“5G is an exciting opportunity for both businesses and it’s a good time to pool our resources across the UK and Ireland to do that,” said Canning Fok, managing director of CK Hutchison. “I would like to thank David for his significant contribution as the CEO of Three UK and I look forward to continuing to work with him both in his Board roles and as a senior executive resource to CKHGT going forward.”
“With the integration of the Three and O2 business in Ireland largely complete, we now have a solid platform to look at the next phase of our development,” said Finnegan. “Collaborating more and progressively aligning operations and platforms with Three UK is an obvious opportunity and I am excited to be taking on this challenge as the CEO of both operations.”
Under Dyson’s leadership, Three has launched 4G and 5G networks and introduced a number of industry-disrupting propositions such as inclusive roaming. If the merger between Three and O2 had gone ahead in the UK, it would have been Dyson who would have led the country’s largest mobile operator.
After the failure to complete the transaction due to competition concerns, Dyson pressed ahead with Three’s 5G strategy which saw the implementation of a cloud-based core network, spectrum auction wins, and the acquisition of UK Broadband. Three also underwent a significant digital transformation project, with the company’s IT systems overhauled.
“Robert joins at an exciting time in our history and the combined assets of the UK and Ireland businesses are a fantastic platform to deliver against customer demand” added Dyson. “I wish Robert and all the employees of Three UK and Ireland the very best and I am delighted to be staying involved at Board level and as a senior executive resource to CKHGT.”
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