CWC.L Share News (CWC)

LONDON (dpa-AFX) - Cable & Wireless Communications PLC Monday said its Chief Executive Officer, Phil Bentley, began his role with the company on January 1, 2014, succeeding Tony Rice.

Since his appointment, Bentley has bought 4.3 million shares with total value equivalent to nearly three times his base salary. Further, he was awarded around 4.29 million Performance Shares.

Phil Bentley, CEO of CWC, commented: "I am delighted to be joining CWC as its CEO. I recently visited a number of our operations and met with Government partners in our Caribbean and Latin American markets with Tony Rice and the team."

He continued, "My priorities will be driving top line growth, continuing cost discipline, increasing returns on capital and improving customer service. I'm confident we can evolve our strategy to become the leading communications provider in the region and offer a distinctive investor proposition."

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