• Cédric Varasteh to step into Chairman of the Board role.
• Alper Turken to succeed Cédric Varasteh as Group CEO.

Netceed, a leading value-add distributor in the telecom, tech infra and energy equipment distribution market, announced today the appointment of a new CEO.

After careful preparation over the past year and a half, the Board is now affecting its long-term succession plan, which will see the appointment of Alper Turken, currently Deputy CEO, as CEO effective on 19 February 2024, with Cédric Varasteh stepping into the role of Chairman of the Board.

As the founder and CEO of ETC, Cédric has been instrumental in the vision and growth of Netceed, building it into what is now a leading and global business with 80 locations across 19 countries, and 2,100 employees supporting 19,000+ customers worldwide.

Alper Turken joined Netceed (then ETC) in 2022 having previously held leadership roles at Commscope, ARRIS, and Motorola. He joined with the objective of preparing Cédric’s succession and has been leading the evolution of the Netceed US organisation and strategic growth opportunities in the region.

Incoming CEO, Alper Turken said: “Cédric has achieved something very special in his founding and leadership of the Netceed business over the last 30 years. I am honored to be taking on the role of CEO from someone who has made such a significant contribution to this company and our industry. I am looking forward to continuing to work with the talented people whose ambitious, entrepreneurial, and customer-focused mindset makes our business great. Together, we will shape the future of communications networks.”