Telefonica Czech Republic (O2 CR) has appointed O2 Slovakia finance head, Tomas Kouril, as its new CFO. The hire is part of a management shakeup instigated by new controlling shareholder PPF.
Kouril will replace interim CFO Martin Vlcek on 1 July. Vlcek…
Telefonica Czech Republic (O2 CR) has appointed O2 Slovakia finance head, Tomas Kouril, as its new CFO. The hire is part of a management shakeup instigated by new controlling shareholder PPF.
Kouril will replace interim CFO Martin Vlcek on 1 July. Vlcek will head up O2 Slovakia from the same date.
Previous O2 CR CFO David Melcon has returned to Telefonica’s Madrid quarters after two years in Prague.
Kouril has held various positions at Telefonica since joining in 2003. He has been director of finance and investor relations at O2 Slovakia since 2012 and, before that, was director of commercial finance. In 2006, he was in charge of preparing a tender for the acquisition of mobile licences for the Slovak operator.
Yesterday, the Czech operator, in which investment firm PPF completed its purchase of a majority stake in January, named Tomas Budnik as its new CEO from 1 July.
PPF launched its mandatory takeover bid for the remaining shares in O2 CR earlier this month, offering Kc295.15 (US$14.64) per share. The acceptance period ends on 30 June. The firm had said previously that there would be a gradual transition in management at the Czech and Slovak operators.
O2 CR is the Czech Republic’s largest integrated fixed and mobile operator.
