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Deutsche Telekom names Illek incoming CFO, extends CEO Hoettges

Published 02/21/2018, 12:01 PM
© Reuters.  Deutsche Telekom names Illek incoming CFO, extends CEO Hoettges
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  • Deutsche Telekom (DE:DTEGn) (DTEGY +0.1%) is naming a new chief financial officer as current CFO Thomas Dannenfeldt plans to leave by the end of his contract.
  • In a statement, the company says its chief human resources officer, Christian Illek, will be the new CFO in January 2019.
  • Dannenfeldt will leave "for private reasons" by the end of this year. The company will search for a new chief human resources officer.
  • "After 26 years with the company and five years as CFO, I will take a longer break and then reorientate myself," Dannelfeldt says. "It has always been my plan to do something different around my 50th birthday ... I was always fully committed to work for Deutsche Telekom and so I will be for the next ten months.“
  • The company also extended the contract of CEO Tim Hoettges for another five years.
  • Now read: Turkcell Iletisim Hizmetleri A.S. 2017 Q4 - Results - Earnings Call Slides


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