Netomnia has secured an additional £25 million loan from the National Wealth Fund (NWF).
Wed, 19/07/2023 - 10:05
G.Network has secured an additional £150m of backing from USS, its principal equity investor to accelerate its next phase of growth.
Alongside this investment, G.Network has strengthened its leadership team. Jon Hurry joins as Chief Commercial Officer; Carl Grose as Chief Operating Officer; and Rod Day as Chief Financial Officer who replaces Simon Kilonback.
Hurry brings 15 years of experience form BT Group where he held senior executive roles in commercial, marketing, product strategy and transformation.
He has also worked in the UK Cable industry at both ntl and Telewest.
Grose has spent time at Arqiva, Virgin Media, Cable & Wireless, Openreach, Unilever and Unigate.
Day boasts over thirty years of senior finance and strategy experience primarily in retail, on-line and business services sectors. He has also worked in an advisory capacity to various private equity funds.
Previous CFO Simon Kilonback is moving to join SGN.
Kevin Murphy, Chief Executive, said: “This investment underpins our growth strategy and illustrates their confidence in the opportunities we have ahead.”
