Fixed wireless internet provider Starry Group Holdings, Inc. (NYSE: STRY), said that Alex Moulle-Berteaux, the company’s Chief Operating Officer, has been named Chief Executive Officer effective immediately. Moulle-Berteaux will also join the Board of Directors of Starry’s new holding company following the company’s exit from its voluntary Chapter 11 bankruptcy reorganization. Chet Kanojia, who has served as CEO since Starry’s founding, will also serve on the new Board of Directors.
The transition comes as Starry prepares to complete its reorganization. On May 26, 2023, the U.S. Bankruptcy Court for the District of Delaware confirmed Starry’s reorganization plan. Starry says this will set the company on the path to exit the Chapter 11 proceedings later this summer.
Starry says it serves a combined five million households in the Boston, New York City, Los Angeles, Denver and Washington, D.C. metros and will continue to do so after completion of the reorganization.
“Over the last five years, as COO, I’ve had the opportunity to guide the business direction and growth of Starry, while also getting into the weeds on the technical and operational elements that drive our business,” said Moulle-Berteaux. “I’m excited to take on an even more expanded role in leading the company as CEO. Starry was founded with a clear vision: create innovative technology to make high speed home broadband access more affordable and ubiquitous.”
“When I look back on the past eight years, I’m incredibly proud of Starry and the business we’ve built,” said Kanojia. “From the beginning, Alex has had a front row seat and an important hand in growing and defining this business. As COO, he’s uniquely positioned and has the experience necessary to guide the company out of restructuring, and steer it towards continued growth and to profitability.”
Kanojia added the leadership transition has been more than a year in the making. He’s looking forward to “staying engaged and involved as a board member,” as he turns his focus on his family.
Moulle-Berteaux is a co-founder of Starry and has served as COO since November 2018, overseeing the business performance and operations, network deployment and maintenance, product deployment, customer care, sales and marketing. Under Moulle-Berteaux’s leadership, the company says Starry grew its network and customers, posting nearly 60 percent year-over-year customer growth from 2020-2022. Prior to joining Starry, Moulle-Berteaux was Chief Commercial Officer for the online television platform Aereo, Inc.
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