A1 Telekom Austria Group has chosen a Deutsche Telekom and Nokia veteran as its new CEO as part of a wider restructure which will also see its Chairman depart.
The operator’s main shareholders, América Móvil and Österreichische Bundes, have chosen Thomas Arnoldner to take over as CEO from 1 September.
Arnoldner joins from the Austrian division of Deutsche Telekom’s enterprise arm, T-Systems Austria, where he was the VP of Sales and Service. Prior to T-Systems he worked in various roles at Nokia and Alcatel-Lucent.
Subject to approval by the supervisory board, he will replace current CEO and COO Alejandro Plater, who will continue in the COO role. CFO Siegfried Mayrhofer will continue to hold his position.
Meanwhile, Chairman Wolfgang Ruttenstorfer will resign as Chairman of the board following the upcoming annual general meeting in May.
He will be replaced by Edith Hlawati, a corporate finance lawyer, one of three new nominees to the board alongside Bettina Glatz-Kremsner and Daniela Lecuona.
The company saw revenues rise three percent to €4.38 billion in 2017 on the back of increased fixed-line service revenues and equipment sales, which jumped 4.2 percent and 12 percent respectively.