One of the dealmakers that brokered PPF’s Kc63.6bn (US$3.32bn) acquisition of a majority stake in Telefonica Czech Republic will become the operator’s interim CFO.
Martin Vlcek is currently Telefonica CR’s vice chairman and an investment director…
One of the dealmakers that brokered PPF’s Kc63.6bn (US$3.32bn) acquisition of a majority stake in Telefonica Czech Republic will become the operator’s interim CFO.
Martin Vlcek is currently Telefonica CR’s vice chairman and an investment director at PPF, where he is responsible for the firm’s investment in the telco.
The move follows the departure of David Melcon, who will return to Telefonica’s Madrid headquarters having spent two years in Prague as CFO.
Vlcek will take over Melcon’s responsibilities from 1 April and be responsible for hiring his replacement, according to a statement from the Czech telco.
Vlcek previously worked as an external advisor for PPF and worked for private equity group Penta Investments between 2002 and 2011 as an investment manager.
Investment group PPF, founded by Czech billionaire Petr Kellner, completed its takeover of Telefonica’s Czech unit at the end of January.
