Telefónica Brasil Names Eduardo Navarro President & CEO - Quick Facts

(RTTNews) - Telefónica (TDE.L, TEF) announced the Board of Telefónica Brasil has appointed Eduardo Navarro de Carvalho as new President and CEO, starting January 1. Eduardo Navarro currently is Chief Commercial Digital Officer of Telefonica S.A. He is also a member of the Telefonica Group Executive Committee, and Chairman of the Telefonica Brasil Board since last June. Amos Genish, current CEO, has notified the Board of his intention to step down effective by the end of 2016.

The company said the appointment marks the beginning of a new phase for Telefónica Brasil, after completing the first part of the integration process with GVT which started almost eighteen months ago when the acquisition was approved.