Deutsche Telekom Adds IBM Exec to Board

Deutsche Telekom's Supervisory Board has appointed IBM Deutschland CEO Walter Raizner to the company's Board of Management in the newly created position of Board member responsible for Broadband and Fixed-line division. Raizner has also been named to succeed Kai-Uwe Ricke as Chairman of the Supervisory Board of T-Online; Thomas Holtrop will resign from DT's Board of Management and as CEO of T-Online.



Deutsche Telekom said the moves reflect a sharpened focus on its three strategic business areas. René Obermann will be responsible for Mobile Communications while Konrad F. Reiss will be responsible for Business Customers which bundles sales to the Group's large and mid-sized customers in T-Systems and "Area Sales Germany". The three central Board responsibilities will continue to be directed by Ricke as chairman, Karl-Gerhard Eick as deputy CEO and chief financial officer and Heinz Klinkhammer responsible for the Human Resources portfolio. http://www.telekom.de