Leroy, former CEO of the Belgian telecom group Proximus, was KPN's top candidate to take the helm. However, an investigation by the Belgian judicial system on alleged insider trading ended up in a difficult position.
KPN then announced that it would leave the announced appointment of Leroy because of the uncertainty over the duration of the criminal investigation. Joost Farwerck has now been nominated as new CEO of KPN.
Bain & Company, a company originally from America, is one of the largest consulting companies in the world. The company's founder was Bill Bain.
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