Thursday, March 2 2023 12:21

ArmInfo. On March 1, 2023, the Board of Directors of Ucom CJSC announced a CEO transition. Ara Khachatryan, the current  CEO of Ucom CJSC, and the Board have mutually agreed  upon transition of his executive functions, while continuing to support the Company.  Ralph Yirikian has been appointed new Chief Executive Officer of Ucom CJSC.

"On behalf of the Board of Directors, I would like to extend my  deepest gratitude to Ara Khachatryan for being an exemplary leader  for Ucom. During his tenure, he managed to make Ucom a better company  by delivering positive customer experience and strong operational  performance," said Gurgen Khachatryan, Chairman of the Board of  Directors. 

Ara Khachatryan has served as the Chief Executive Officer of the  Company since April, 2020. During his tenure as CEO, Ucom reached an  all-time high fixed broadband revenue and subscriber market share  while simultaneously managing to propel the fastest market share  growth among competitors. 

"It has been my honor and, perhaps, the biggest privilege to serve  the people, customers and community of Ucom as the CEO. Together, we  ushered in an era of unrivaled growth while staying to our core,  human- centric values and mission. I am proud to have worked with  such a remarkable group of people who showed great spirit and  commitment in helping us drive the company forward during Ucom's  transformation journey", said Ara Khachatryan.

Currently, Ucom is moving forward in a brand-new direction and  implementing new development strategies, which include bringing in  the latest technological advancements and capabilities to Armenia. In  this, Ralph Yirikian has a long history of contributing to the  establishment of successful telecommunications ventures.  

"We are confident that Ralph Yirikian is the right leader to take the  reins at Ucom in what is a significant moment in the company's  history. He is an inspiring, hardworking and determined leader that  knows how to identify and drive growth. Moreover, Ralph has a  charming personality that puts everyone he works with at ease,  facilitating open communication among team members. He is the ideal  CEO to continue this strong trajectory of growth for Ucom, and his  business instincts and institutional knowledge position Ucom  exceptionally well for the long-term," said the BoD Chairman Gurgen  Khachatryan.