BONN (dpa-AFX) - Deutsche Telekom (DTEGY.PK) said that it is consolidating its convergent network, innovation and IT activities in a separate Board of Management department. Claudia Nemat will lead the new board area Technology & Innovation. The company's Supervisory Board approved this appointment on Thursday.
The Supervisory Board has also approved further changes: A new Board of Management member for Europe will be appointed as a successor to Claudia Nemat. With the consolidation of Telekom internal IT activities, innovation and technology in a separate Board area, the NatCos will focus mainly on sales, service and marketing in future. Responsibility for business - that is, for profit and losses - will remain with the NatCos, however. The overall responsibility for segment Europe stays with the new Board member Europe. He will bring internationality and a market focus to the table; he knows the industry and the company. At the request of his previous employer, the company will not announce his name until next week.
Thorsten Langheim will be appointed Executive Vice President responsible for 'Group Corporate Development', effective July 1, 2016. In this position, he will continue to bear responsibility for M&A, corporate strategy and Deutsche Telekom Capital Partners, which backs one of Europe's largest technology investment funds. In addition, he will also take in responsibility for Deutsche Telekom's investment management activities.
In this role, he will be responsible for investments in the U.S. (T-Mobile US) and the UK (BT Group) and will join the board meetings of Deutsche Telekom on a regular basis.
Copyright RTT News/dpa-AFX