Sunday, 21 October 2018

The CEOs they are a-changing...but the times are not

By Mary Lennighan, Total Telecom
Friday 01 April 16

Telefonica and Telecom Italia appoint new leaders, but is either one likely to effect a major strategy shift?

The changing of the guard at two major European telecoms operators dominated headlines in the industry this week, but does new blood really mean new ideas for Telecom Italia and Telefonica? While we weren't necessarily expecting the announcements when they came, the news of the departures of chief executives Marco Patuano and Cesar Alierta from the Italian and Spanish incumbents respectively came as no real surprise. Telefonica's new executive chairman – pending board and shareholder approval – José María Álvarez-Pallete has been earmarked for the top job since he was appointed as Alierta's chief operating officer in 2012…

The changing of the guard at two major European telecoms operators dominated headlines in the industry this week, but does new blood really mean new ideas for Telecom Italia and Telefonica? While we weren't necessarily expecting the announcements when they came, the news of the departures of chief executives Marco Patuano and Cesar Alierta from the Italian and Spanish incumbents respectively came as no real surprise. Telefonica's new executive chairman – pending board and shareholder approval – José María Álvarez-Pallete has been earmarked for the top job since he was appointed as Alierta's chief operating officer in 2012…

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