REG - Telefonica SA - TEF - Composition of the Board of Directors <Origin Href="QuoteRef">TEF.MC</Origin>

Telefonica SAAnnouncement

26/07/2017 17:15

RNS Number : 2067M
Telefonica SA
26 July 2017
TELEFNICA, S.A. (herein after "Telefnica") as provided in article 228 of the Spanish Stock Market Act (Ley del Mercado de Valores), hereby reports the following
SIGNIFICANT EVENT
Following the Significant Event published on July 25, 2017, the Board of Directors of Telefnica at its meeting held today, upon the prior favorable report of the Nomination, Compensation and Corporate Governance Board Committee, has resolved to adopt the following resolutions in connection with the composition of the Board of Directors of Telefnica and its Committees:
-To take formal note and record of the voluntary resignation presented to his position as member of the Board of Directors of Telefnica and, consequently, as Vice-President of the Board of Directors, President of the Regulation and Institutional Affairs Board Committee and member of the Service Quality and Customer ServiceBoard Committee, by Julio Linares Lpez, thanking him for his years of work and collaboration with the Telefnica Group and, in particular, for the many services rendered during his professional career.
-To appoint by co-optation Mr. ngel Vil Boix as a member of the Board of Directors of Telefnica as an Executive Director to replace Mr. Julio Linares Lpez.
-To appoint Mr. ngel Vil Boix Chief Operating Officer (C.O.O.) of Telefnica and member of the Executive Commission.
-    Likewise, it was resolved to appoint the Director Ms. Carmen Garca de Andrs as a  member of the Service Quality and Customer Service Board Committee.
On the other hand, it has been resolved to appoint the Director Mr. Ignacio Moreno Martnez Chairman of the Regulation and Institutional Affairs Board Committee. 
Additionally, the Board of Directors, upon the prior favorable report of the Nomination, Compensation and Corporate Governance Board Committee, has approved the new organizational structure for Telefnica in the terms described in the Significant Event published yesterday. 
Madrid, July 26, 2017.

This information is provided by RNS
The company news service from the London Stock Exchange
  END
MSCBLGDRGBDBGRL