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Virgin Media CFO moves to Liberty Global

Virgin Media CFO Robert Dunn will move to a new role at Liberty Global PLC, the Financial Times reported, citing an internal memo.

In his new role at Virgin Media's parent company, Dunn will look at potential full-fiber broadband infrastructure investments in the U.K.

The move is in line with Liberty Global's plan to create a joint venture to install new fiber lines outside Virgin Media's coverage.

Dunn's transfer, after being Virgin Media's CFO since 2013, has caused a shake-up at the British internet service provider, the FT said.

Bill Castell, Dunn's deputy, has been named acting CFO.