Kent McNeley announces his plan to leave Azerfon after 4 years

Commenting on his departure, Mr. McNeley stated, "I am extremely pleased to have served as Chief Executive of Azerfon for the past four years.  I am very proud of the results that we have achieved and the strong growth of the company.  The leadership team and personnel at Azerfon are extremely talented and I know that they will continue to have great success in the future under Klaus’ leadership.”

Georgios Koronias, Chairman of Azerfon’s Supervisory  Board, added the following: "Kent and his team have done an outstanding job of leading Azerfon.  Whilst we are very sorry to see him leave, we will surely miss him and wish him every success in his future endeavors.  We thank him deeply for his leadership at Azerfon.”  Mr. Koronias further said the appointment of Klaus will mark a new chapter of dynamic leadership for Azerfon. His experience in value creation from many different markets will be instrumental for us. As Chairman of Azerfon’s Supervisory  Board I look forward to supporting Klaus as our new CEO.

Mr. Mueller stated, "I am honored and excited to be joining Azerfon. Kent has grown the business in Azerbaijan excellently. Growth and profitability is critical for long-term success and I’d like to ask everyone to work hand-in-hand in continuing Azerfon’s success to the benefit of our customers, society and shareholders.”