Telefónica names Haas as CEO of German business

Telefónica names Haas as CEO of German business

Telefónica Deutschland has named COO Markus Haas as its new CEO, replacing Thorsten Dirks, who announced his departure in November.

Thirks will leave the executive board of Telefónica ’s German arm at the end of Q1 2017 after two years in the post. He joined when it merged with German operator E-Plus in a €8.6 billion acquisition from KPN.

Haas joined Telefónica  in 1998 and will take up the reins on 1 January 2017 as part of a three-year contract. He joined the management board in 2009.

Telefónica said he will work closely finance chief Rachel Empey in managing the firm, while Thirks will remain on the board in an advisory capacity until March, before becoming CEO of low-cost airline Eurowings, a subsidiary of Lufthansa.

Eva Castillo Sanz of the Telefónica  advisory board said: "We are pleased to announce the appointment of Markus Haas as new CEO of Telefónica Germany. Markus Haas and Rachel Empey have in recent years proved a strong management team. Together, they will drive the company's digital transformation.

“Looking at the ongoing integration and transformation, the corporate occupation of the CEO position is a clear signal of continuity to our shareholders, employees and business partners. The Supervisory Board looks forward to the further successful collaboration between them."

Gift this article