The Board of Directors of the Company will consider at its next meeting on 8 April, the appointment of José María Álvarez-Pallete as new CEO proposed by César Alierta, who considers him "the manager more prepared to successfully face the challenges imposes the digital revolution. "
Following his resignation as CEO Telefónica Over the past sixteen years, César Alierta will end on April 8, during the meeting of the Board, the process of 'orderly succession' started in 2012 when he appointed José María Álvarez-Pallete as Managing Director and will culminate, as it expected, with his appointment as CEO.
Alierta remain part of the Board of Directors of Telefónica, position held for four years before becoming president, and also focus their contributions on social issues and progress as digital education and executive president of Telefonica Foundation.
In these almost sixteen years of President César Alierta, Telefonica has gone from being a prominent place in the telecommunications sector in Spain and Latin America, to become a benchmark in major markets that have led to its strategic Actor: Brazil, Germany, Spain and Latin America.
Por su parte, José María Álvarez-Pallete, licenciado en Ciencias Económicas por la Universidad Complutense de Madrid y la Universidad Libre de Bruselas; International Management Program por IPADE y diploma de Estudios Avanzados por la Universidad Complutense de Madrid, se incorporó en 1999 a la compañía como director general de finanzas de Telefónica Internacional y, meses después ocupó la Dirección General de Finanzas Corporativas.
With the arrival of Alierta for president in 2000, he was confirmed in his post and subsequently in 2002 appointed president of Telefonica International and then chairman of Telefonica Latin America, a position he held until his appointment as CEO of Telefónica Europe in 2011 . A year later he enters the position of CEO of Telefónica, having been a member of the Board since July 2006.
With these credentials and after assuming global day to day operations from his position as CEO, Alierta considered Alvarez-Pallete as the best manager prepared to promote the relay and position once again Telefónica at the forefront, this time the digital sector.
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