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General

America Movil COO steps down from KPN board

Friday 27 November 2015 | 11:12 CET | News
KPN announced that Oscar van Hauske Solis, COO of America Movil, has stepped down from the KPN supervisory board with immediate effect. America Movil will limit itself to one seat on the KPN board since it designated its stake in KPN as an investment for sale, rather than a strategic holding. The Mexican operator's CFO, Carlos Garcia Moreno Elizondo will remain a member of KPN's board. After failing to acquire KPN in 2013, America Movil put its minority stake in the company up for sale earlier this year. In September, it issued bonds exchangeable into the KPN shares. 

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Categories: General
Companies: America Movil / KPN
Countries: Netherlands
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