Telefonica's board appoints Marc Murtra to replace CEO Alvarez-Pallete
Published by Global Banking & Finance Review®
Posted on January 18, 2025
1 min readLast updated: January 27, 2026

Published by Global Banking & Finance Review®
Posted on January 18, 2025
1 min readLast updated: January 27, 2026

Telefonica's board has appointed Marc Murtra as the new CEO, replacing Jose Maria Alvarez-Pallete, in a strategic leadership change.
MADRID (Reuters) - Spanish telecom giant Telefonica's board agreed on Saturday to terminate Chief Executive Jose Maria Alvarez-Pallete's contract and appoint Indra's chairman Marc Murtra to replace him, the company said in a filing to the stock market regulator.
(Reporting by Inti Landauro, editing by Aislinn Laing)
The main topic is the appointment of Marc Murtra as the new CEO of Telefonica, replacing Jose Maria Alvarez-Pallete.
Marc Murtra is the chairman of Indra and has been appointed as the new CEO of Telefonica.
This change marks a significant leadership shift for Telefonica, one of Spain's major telecom companies.
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