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Deutsche Telekom CEO to step down at end-2013

Thursday 20 December 2012 | 15:18 CET | News
Deutsche Telekom announced that CEO Rene Obermann will step down at the end of 2013, after seven years heading the German group. He will be replaced by CFO Tim Hoettges at the start of 2014. Hoettges has been with Deutsche Telekom since 2000, serving as CFO and CEO of T-Mobile Germany, chief sales officer at the European mobile operations and head of the company's fixed-line business in Germany. He has been group CFO since March 2009. DT chairman Ulrich Lehner said the supervisory board would like to see Obermann stay on, but respect his decision to step down in order to focus more on entrepreneurial activities.

Categories: General
Companies: Deutsche Telekom / T-Mobile
Countries: Europe / Germany / United States
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