23rd Jun 2005 17:10
Cesky Telecom A.S.23 June 2005 Press Release23/06/2005 The Czech group holds its General Shareholders' Meeting today JAIME SMITH, NEW CEO OF CESKY TELECOM • Julio Linares is appointed Chairman of the Supervisory Board Prague, 23 June 2005.- The General Shareholders' Meeting of Cesky Telecomapproved today several changes in its Supervisory Board. Following the meeting,the Supervisory Board itself appointed Julio Linares as its new chairman. JaimeSmith was also appointed CEO of Cesky Telecom and chairman of the Czechcompany's Board of Directors. During the past two months, Jaime Smith has been an observer on the SupervisoryBoard and prior to that held the post of CFO of Telefonica de Espana (theTelefonica group's fixed line business in Spain) since 2002. Cesky Telecom's new CEO expressed his satisfaction at his appointment and thenew responsibilities it would bring with it. He also pointed out that the Czechgroup has "one of the key assets to ensure that our project is a success: theconfidence of our customers and a qualified and committed professional teamwhich has shown that it can compete with the best. We firmly believe that theinternational experience of Telefonica will underpin Cesky's growth and benefitits customers with new quality products, in line with best European andinternational practices". Jaime Smith has decided to create three new areas under his direct management,responsible for running the main areas of the Czech operator business. The firstone is a commercial division, headed by Fernando Astiaso who will be responsiblefor the areas of marketing, sales and international business. The second one isan operations division, under Petr Slovacek's responsability, who will be incharge of running networks, operations and IT. The third one, overseeing financeand resources, will be responsible for areas including finance, human resourcesand security and will headed by Juraj Sedivy. Julio Linares, chairman of Telefonica de Espana stated after his appointmentthat Telefonica's commitment is "to help the socio-economic development of thisgreat country through a dynamic sector such as telecommunications". Mr. Linaresdescribed the privatisation of the operator as "exemplary" and stated that "weare convinced that the sum of experience of Cesky Telecom and Telefonica willtranslate into a singular contribution to the development of this country, whosegrowth profile is at the forefront of Europe and whose economy is stable." The Board of Directors has appointed Salvador Anglada as new CEO of Eurotel andas a member of the Board of Directors of Cesky Telecom. Anglada used to be theSales & Marketing director of Telefonica Empresas Espana, the Telefonica deEspana unit in charge of providing services to corporations.New composition of the management bodies of Cesky Telecom SUPERVISORY BOARD Julio Linares Chairman of Telefonica de EspanaJose Maria Alvarez Pallete Chairman of Telefonica LatinoamericanaSantiago Fernandez Valbuena CFO and General Manager for Shared Resources at Telefonica S.A.Luis Lada General Manager for Development, Planning and Regulation at Telefonica S.A.Antonio Viana-Baptista Chairman of Telefonica MovilesAngel Vila General Director of Telefonica, S.A. Corporate DevelopmentAlfonso Alonso General Manager for Planning and Management Control at Telefonica, S.A.Guillermo Fernandez-Vidal General Manager for Commercial Development and Subsidiaries at Telefonica, S.A.Javier Aguilera Chairman of TPIPetr Zatloukal Government representativeLubomir Vinduska Employees representativeVlastimil Barborak Employees representativePavel Herstik Employees representativeMiloslav Krch Employees representativeDusan Stareeek Employees representative BOARD OF DIRECTORS Jaime Smith ChairmanJuraj Sedivy 1st vice chairmanPetr Slovacek 2nd vice chairmanSalvador Anglada MemberMarcela Malivankova Member This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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