Telefonica Appoints New Directors, Committee Chairmen
December 18 2019 - 11:49AM
Dow Jones News
By Mauro Orru
Telefonica SA (TEF.MC) said Wednesday that it has appointed
Claudia Sender Ramirez and Veronica Pascual Boe as independent
directors.
The telecommunications company said the appointments would
increase female representation in its 17-member board of directors
to 30%. The new directors replace Wang Xiaochu and Luiz Fernando
Furlan, who have resigned, it said.
Telefonica also appointed Peter Loescher, former chief executive
of Siemens AG (SIE.XE), as chairman of the audit and control
committee, effective Feb. 19.
Javier Echenique has been appointed as lead independent director
and chairman of the nominating, compensation and corporate
governance committee, the company said.
Write to Mauro Orru at mauro.orru@wsj.com
(END) Dow Jones Newswires
December 18, 2019 11:34 ET (16:34 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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