Telefónica has approved the launch of the company's Strategy and Development Department, with the aim of leading the technological transformation process and promoting the consolidation of the new Telefónica.
Mark Evans will lead this area, whilst remaining part of the Telefónica Executive Committee. He attained milestones such as the increase of O2 profits in the United Kingdom for five consecutive years, achieving the best customer experience and thus contributing to success of the recent merger between O2 and Virgin Media, the largest corporate transaction in Telefónica's history.
The Strategy and Development department encompasses capabilities in matters of Strategy, M&A and Digital Innovation, these being critical to facing the challenges of the future. Luis Rivera continues to lead Corporate Strategy, Juan Azcue continues to be responsible for M&A and Chema Alonso, Telefonica's Chief Digital Officer, will lead Innovation, Data, Platforms and Digital Products & Services. In addition, this unit will continue to promote further internal efficiencies by resorting to the technological capabilities of big data and artificial intelligence which are part of Telefónica's fourth platform, focused on the digital home.
The president of Telefónica, José María Álvarez-Pallete
The new organizational structure is an accelerator in the transformation of Telefónica both to be able to take advantage of all the opportunities offered by the fourth industrial revolution that we are experiencing and also to consolidate a company with state-of-the-art technology units that grow with huge momentum and compete face to face with the best in the world, thus improving efficiency and achieving operational excellence to always be able to provide the very best service to our customers.
