All Corporate articles – Page 7
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OperationsFour-day weeks and home working at Telefónica
“Avant-garde” union deal writes in provisions for permanent hybrid working for 15,000 employees. Four-day week pilot promised for volunteer employees, with an accompanying drop in pay. 1% salary increase also flagged.
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Strategy & ChangeVan Boxmeer gifted remit to disrupt Vodafone Board
Latest Board Evaluation calls for increased “liveliness” of conversations across the Group’s top table. Composition changes mooted for dozen-strong grouping brought together by former Chairman Gerard Kleisterlee. Start of TechCo strategy seen as moment to strengthen accountability of top duo Read and Della Valle.
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Finance & StrategyDT’s top team drops €4m on shares
Leadership puts money where its mouth is following ambitious mid-term strategy update. German operator seeking to boost T-Share perceptions and align with T-Mobile US’ rising valuation.
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PeoplewatchInglis out as BT continues Board refresh
Another Board change as Mike Inglis, six-year Non-Executive Director, readies for his departure later this year. Sara Weller to (partly) fill his shoes on committees.
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Strategy & ChangeTelefónica Argentina seeks enterprise gains with B2B reboot
Movistar Negocios merges with Telefónica Business Solutions in Hispam consolidation effort. Brand identity, simplification, and value creation underlined as key motivators.
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Strategy & ChangeTelefónica draws new logo to reflect digital vision
New marque is the first corporate identity refresh this century for the operator. Executive Chairman Álvarez-Pallete outlined symbolism behind the change at Group AGM.
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PeoplewatchT-Mobile execs fill pockets after Sprint merger success
SEC filings show a bumper pay-day for new CEO Sievert and CFO Osvaldik. Predecessors Legere and Carter picked up sizable severance packages.
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PeoplewatchDT’s long-running search for new chair continues
A replacement for Deutsche Telekom’s outgoing Supervisory Board Chairman Lehner continues after tight-lipped incumbent gave nothing away at Group AGM. External candidates considered. Disappointment of scuppered Harald Krüger appointment not yet rectified.
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Public AffairsTelefónica sacks security execs in fraud probe: reports
ElevenPaths’ partner relationships under scrutiny as Group looks into dealings within managed security services unit. Report ties investigation with Govertis takeover in 2020, and senior executive reshuffle flagged in February.
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PeoplewatchHöttges achieves longest CEO reign at DT
After seven years (and a few days), Tim Höttges outlasts predecessors. He is also the highest paid telco CEO in Europe. Sprint merger bonus puts his FY20 takings close to €7m.
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PeoplewatchBT denies right royal dust-up at the top
Group moved to issue a denial of Jansen ultimatum as speculation swirls on du Plessis’ surprise departure decision. Two camps emerging, with some discontent at Jansen power moves, but CEO’s position appears safe for now. Beyond rumours and gossip, BT board looks starved of experience needed for Group transformation ...
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Public AffairsOpenreach strike action goes ahead
Strike underway in row over engineer pay grade restructuring. Industrial action described as a ‘wake-up call’ for the whole of BT amidst wider unrest.
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PeoplewatchDeutsche Telekom IT lets employees choose their own managers
Group’s agile working frontrunner Deutsche Telekom IT to act as internal prototype for a new method of filling management positions.
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OperationsVodafone’s Read: “pre-COVID office concept is gone”
Future Ready office pilots taking place in UK, Czechia, and Hungary. Nick Read outlines long-term policy changes implemented in response to the pandemic, with norms changed to support a “hybrid” work future. Distributed, regional model to promote diversity and inclusion.
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PeoplewatchBT’s Jansen set to add Sharp Shuter to evolving dream team
BT Enterprise successor Rob Shuter to land at the start of February. Shuter and Chief Digital & Innovation Officer Harmeen Mehta fill out Jansen’s A-Team, leading “furious” pursuit of transformation goals. New hires complement other Group rising stars, adding gusto to the Jansen manifesto.
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PeoplewatchVantage Towers CEO says he’s no Vodafone lackey
Vivek Badrinath emphasises operational and strategic independence from Vodafone. CEO claims Europe is 20 years behind the USA in commercialisation of towers. Newspaper interview used to defend upcoming listing on Frankfurt Stock Exchange.
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PeoplewatchDeutsche Telekom Group Board of Management
Deutsche Telekom Group’s Board of Management mapped out.
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PeoplewatchVodafone UK’s Jeffery jumps ship, and may not be last
Group loses another exec from layer below CEO Read’s increasingly thin top leadership. Home-market custodian and Read contemporary Nick Jeffery likely to have seen development opportunities limited in tightly-controlled upper echelons. Resultant vacancies in Group Operations and Strategy briefs pose a challenge in terms of introducing new voices.
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PeoplewatchOpenreach seeks people power to fuel full-fibre
BT infrastructure division announces 5,300 new jobs for 2021, although 2,800 of them will be created within subcontractors. Capacity needed to increase weekly rate of full-fibre premises passed from 40,000 to 50,000.
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CorporateT-Mobile US boardroom given a refresh
Newly-appointed Telekom Deutschland CEO Srini Gopalan leaves US board, swapped for Dominique Leroy. hubraum’s Tazi and Group veteran Wilkins also join.