Virgin Media Inc.(VMED.L,VMED), a British telecom company, revealed on Thursday that its CEO Lutz Schuler has been diagnosed with prostate cancer and will take some time to focus on his health.
Subsequently, Patricia Cobian, Virgin Media O2's CFO, will act as CEO in addition to her current role over the next 4 to 8 weeks, with continued support from the Virgin Media O2 Executive Committee, the company said.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.