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MarketScreener Homepage  >  Equities  >  Xetra  >  Deutsche Telekom AG    DTE   DE0005557508

DEUTSCHE TELEKOM AG

(DTE)
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Deutsche Telekom : to Reduce Management Board

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05/22/2019 | 09:11am EDT

By Nathan Allen

Deutsche Telekom AG (DTE.XE) said Wednesday that it won't replace board member Thomas Kremer when he retires next year, and will instead merge his responsibilities into a new role.

Mr. Kremer, who is responsible for data privacy, legal affairs and compliance, will step down on March 31, 2020, the German telecoms company said.

His responsibilities will be merged with human resources at the beginning of next year. Chief Human Resources Officer Birgit Bohle will oversee the new board area, the company said.

Write to Nathan Allen at nathan.allen@dowjones.com

Stocks mentioned in the article
ChangeLast1st jan.
DEUTSCHE TELEKOM AG 0.43% 15.45591 Delayed Quote.3.85%
DEUTSCHE TELEKOM AG 0.25% 15.432 Delayed Quote.3.85%
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Financials (€)
Sales 2019 79 145 M
EBIT 2019 10 948 M
Net income 2019 4 517 M
Debt 2019 56 947 M
Yield 2019 4,89%
P/E ratio 2019 16,83
P/E ratio 2020 14,56
EV / Sales 2019 1,65x
EV / Sales 2020 1,58x
Capitalization 73 269 M
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Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 16,8 €
Spread / Average Target 9,1%
EPS Revisions
Managers
NameTitle
Timotheus Höttges Chairman-Management Board & CEO
Ulrich Lehner Chairman-Supervisory Board
Christian P. Illek Chief Financial Officer
Claudia Nemat Head-Technology & Innovation
Michael Sommer Member-Supervisory Board
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