European Communications
05 September, 2006 16:21 print this article email this article to a friend

Deutsche Telekom fills new top management positions in Central Europe

Dr. Klaus Hartmann appointed CEO of Polish mobile operator PTC: Thilo Kusch to take over CFO position at Magyar Telekom

Effective September 15th, Dr. Klaus Hartmann, currently Chief financial Officer of Magyar Telekom, will become CEO of Polish mobile operator PTC. At the same time, subject to requisite corporate approvals, Thilo Kusch, currently Senior Executive Vice President in charge of Investor Relations, is to take over the position of CFO at Magyar Telekom the Hungarian market leader for telecommunication services.

Hartmann joined Deutsche Telekom group in 1995 and was appointed CFO of Magyar Telekom in November 2000. Previously he held various important management positions in finance within Deutsche Telekom and its subsidiary Global One.

Kusch is since April 2002 Senior Executive Vice President in charge of investor relations at Deutsche Telekom. He joined Deutsche Telekom Group in 2001 as Senior Director in charge of IPO preparations and investor relations for T-Mobile international. From 1998 to 2001 he was telecom equity analyst with Dresdner Kleinwort and from 1992 to 1998 he worked in Arthur D. Little’s Telecoms, IT, media and entertainment practice as a management consultant.

The new management appointment at PTC is a direct consequence of Deutsche Telekom’s acquisition of the 48 % stake of PTC formerly held by the Polish company Elektrim. The acquisition is based on a call option awarded to Deutsche Telekom by a Court of Arbitration.

Deutsche Telekom, a founding shareholder of PTC, is thus proceeding in its aims of supporting the company in its successful operations as Poland's leading mobile communications company.

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