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Santiago. April 4, 2024 – Mr. Vaca Narvaja brings to WOM Chile his vast experience in the telecommunications industry. Previously, he held executive positions at global mobile technology distribution company Brightstar and trans-Andean mobile telephony company Telecom. In his 28-year career, as CEO he participated in several refinancing and organizational transformation processes, such as the debt restructuring of Telecom Argentina and Personal Paraguay, which resulted in an increase in market share for both companies. It was the largest private debt restructuring in Argentina. He also led similar processes at Brightstar Brazil, where he successfully strengthened the company’s financial base and ultimately positioned it for long-term growth. His extensive background and experience make him uniquely suited to lead WOM Chile at this crucial time.
The Board is confident that Mr. Vaca Narvaja’s leadership will be instrumental in guiding WOM Chile to future success.
The Board expresses its sincere gratitude to Chris Bannister for his many contributions and leadership since the creation of WOM Chile in 2015. Mr. Bannister’s influence has significantly shaped the telecommunications industry in Chile, and we are deeply grateful for his dedication and service.
We wish Martin Vaca Narvaja all the best in his new role and are confident that he will successfully lead the company through the financial restructuring process and WOM Chile will emerge very strong.
