Telefónica has renewed its board of directors, maintaining the 17 members and increasing women representation to 30%.
Claudia Sender and Verónica Pascual have joined join the board replacing Wang Xiaochu and Luiz Fernando Furlán, after their voluntary resignation.
At the same time, Peter Löscher has been appointed chairman of the audit and control committee, effective February 19, 2020.
Separately, the company has announced the organisation structure of its new Latin America unit.
Under the direction of Alfonso Gomez, as CEO, the Latin American operations are to be managed as an autonomous unit, with a specific and dedicated regional team.
The aim of this unit is to maximise the growth and value of the region in a sustainable way. The move follows the recent announcement of a new company plan by José María Álvares-Pallette.