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Deutsche Telekom CEO René Obermann to step down

Staff writer |
Bonn, Germany - December 20, 2012, Bonn, Germany - Deutsche Telekom announced that its CEO René Obermann will step down, effective December 31, 2013.

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Mr. Obermann is leaving Deutsche Telekom after 16 years, of which he spent seven at the head of the company and 11years as a member of the Board of Management. Two years ago the supervisory board of Deutsche Telekom decided to extend his contract as chairman of the board of management of Deutsche Telekom AG until the end of October 2016.

Mr. Obermann has been Chief Executive Officer of Deutsche Telekom since November 2006. He joined the Group in 1998 as the Managing Director Sales for T-Mobile Deutschland GmbH. In April 2000, he became Chief Executive Officer of T-Mobile Deutschland. Internationally, he assumed responsibility for the European business of T-Mobile International AG & Co. KG one year later as the Board Member for European Operations and Group Synergies.

From the end of 2002 to December 2006, he was CEO of T-Mobile International AG & Co. KG and the Deutsche Telekom Board Member for Mobile Communications.

Mr. Obermann’s career began with a business traineeship at BMW in Munich. Following that, he set up his own business ABC Telekom in Münster in 1986. He became Managing Partner of Hutchison Mobilfunk GmbH, the successor of ABC Telekom, in 1991. From 1994 to 1998, he was Chairman of the company’s Management Board.


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