Mathias Hautefort takes up the role on July 1 after the company’s board of directors decided to separate the roles of chief executive and chairman.
Joseph Haddad will remain in the chairman’s seat.
“Mathias Hautefort has demonstrated, in the Group and before, his ability to develop service activities at the intersection of technology, media and telecoms. His appointment significantly strengthens the transformed Group’s ability to return to growth” says Joseph Haddad, Chairman, CEO and co-founder of Netgem.
Hautefort, who is also a former deputy chief executive of Lyonnaise Cable (Noos) is one of the founders of of Vitis, created in 2016 by Netgem, Caisse des Dépôts et Consignations and Groupe Oceinde.
It has been working in so-called in Public Initiatives Areas (rural areas and medium-sized cities) to deliver broadband services and through it video content under the Videofutur brand.
Netgem has been moving from the position of hardware to services supplier.
Its consolidated revenue for Q1 2019 was €6.6 million and net revenue €3.6 million.