Telefónica announces management reorganisation

James Pearce
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Telefónica names new head of domestic unit as part of overhaul of organisational structure that also splits Latin American division into two units

Telefónica has announced an overhaul of its organisational structure that will see a new head appointed at its domestic unit.

The move is one of the biggest management shake-ups since Jose Maria Alvarez-Pallete took charge of the company in 2016. It sees Emilio Gayo – previously head of Telefónica’s Spanish arm’s marketing and commercial department – become executive chairman of Telefónica España.

The overhaul also sees María Jesús Almazor, up until now director of Southern Spain, take up the newly created role in the chief operating officer of Telefónica España.

Telefónica will also separate its Latin American unit into two. The first will see Argentina, Chile, Peru and Uruguay falling under a new “Hispam Sur” (South) division, which will be led by Bernardo Quinn – until now director of human resources. 

Colombia, Mexico, Central America, Ecuador and Venezuela will form a “Hispam Norte” (north) unit, which will be led by Alfonso Gómez Palacio, the current CEO of Telefónica Colombia. He will be replaced as Colombia’s chief by director of public affairs and regulation for that country, Fabián Hernández.

In the global resources area, led by Guillermo Ansaldo, Mario Martin will become the CEO de Telxius. Natalia Sainz, who is currently director of financial planning and coordination, will step into Martin’s role as director of COO office.

Álvarez-Pallete, said the “the digital world requires permanent renewal and this informs the proposed new structure. The generational change in Telefónica’s organizational structure will help simplify the company and make it more agile, with definitive focus on management, customer service, growth, efficiency and profitability.”