Telefónica Deutschland Holding AG:Peter Löscher to become member of the Supervisory Board of Telefónica Deutschland
The Management Board and Supervisory Board of Telefónica Deutschland are very pleased that they were able to win Peter Löscher as a suitable successor to Laura Abasolo García de Baquedano. He is to become a member of the Supervisory Board of the company with effect from April 1, 2020. Laura Abasolo had informed the company on February 3, 2020 that she would be resigning from her office as a member and as Chairman of the Supervisory Board with effect from the end of March 31, 2020.
Peter Löscher brings extensive and relevant experience to Telefónica Germany. He is, inter alia, Chairman of the Board of Directors of Sulzer AG, Switzerland, and non-executive (independent) member of the Board of Directors of Telefonica S.A., Spain, and is the former Chairman of the Board of Siemens AG. Telefónica Deutschland will immediately apply for a court appointment of Peter Löscher to ensure a seamless transition.