Murtra moves Telefónica's top management to Brazil for a special board meeting
Telefónica chairman Marc Murtra moved nearly all of the company's executive leadership and board of directors to São Paulo for a special board meeting to review the Transform and Growth strategic plan, launched twelve months ago. The meeting coincides with the final stretch of the campaign for Brazil's runoff election. The Brazilian subsidiary generated 31.7% of the group's revenue and 38% of EBITDA in the last financial year.
In 40 seconds
- Murtra gathered the executive committee, the nominations and remuneration committee and the board in São Paulo to assess the Transform and Growth plan
- The meeting takes place days before Brazil's runoff election between Flávio Bolsonaro and Luiz Inácio Lula da Silva
- Brazil contributed 31.7% of group revenue and 38% of EBITDA, with increases of 7.5% in sales and 10% in EBITDA
Read the full story at EL PAÍS
IASummary generated by artificial intelligence from a story by EL PAÍS. It may contain errors: the original source prevails.
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