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Peter McGrath appointed permanent CEO and Managing Director of CommsChoice (ASX:CCG)
  • Telecommunications provider CommsChoice (CCG) has appointed Peter McGrath as permanent CEO and Managing Director
  • Peter was appointed interim CEO and Managing Director in April 2019 after the previous holder, Ben Gilbert, left due to the burden of travel commitment
  • Peter was chosen because he has extensive experience in the telecommunication industry and he has over 15 years experience in senior leadership positions
  • Under this new leadership, CommsChoice hopes to become one of the leading companies for telecommunications in Australia
  • CommsChoice has ended the day 4.41 per cent in the green with shares trading for 7.1 cents each

Telecommunications provider CommsChoice (CCG) has appointed Peter McGrath as permanent CEO and Managing Director.

Previously a Non-Executive Director, Peter was appointed interim CEO and Managing Director after the previous holder, Ben Gilbert, left the company in April 2019.

Ben left the company claiming that the travel commitment put a burden on his family.

Peter was chosen because he has extensive experience in the telecommunication industry and he has over 15 years experience in senior leadership positions.

He was previously group CEO of Nextgen Group, which included roles in Nextgen Networks and Metronome and MD Visionstream, for an eight-year stint.

Before this, however, Peter was CEO of Uecomm, where he oversaw significant growth in revenue and earnings.

Under this new leadership, CommsChoice hopes to become one of the leading companies for telecommunications in Australia.

CommsChoice has also announced that it has undertaken a major restructure of its business, and has repositioned itself for future growth.

The company also recently re-affirmed its FY20 guidance for earnings before interest, taxes, depreciation and amortisation from $1.8 million to $2.2 million.

CommsChoice has ended the day 4.41 per cent in the green with shares trading for 7.1 cents each in a $13.01 million market cap.


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