Friday, 28. November 2014
10. 04. 14. - 15:00
Telekom Austria has lost its Chief Financial Officer after Hans Tschuden announces he is to step down from the position, amid big changes in investor ownership of the telecoms company.
It is likely that top investor Carlos Slim, whose company America Movil are entering a shares pact with the Austrian government holding company OIAG over Telekom Austria, will influence the choice of replacement for the executive position.
Tschuden has been in the position since 2007 and had a contract in place until 2017, although it included a clause allowing it to be broken two years earlier.
No reason has been given by Telekom Austria for Tschuden's decision to step down, nor any suggestion has been made yet about who will replace him.
"I thank Hans Tschuden for his years of contribution as Chief Financial Officer of the Telekom Austria group and especially for his excellent chaperoning of the company's growth phase," said Chairman of Telekom Austria Chairman Rudolf Kemler, who is also in charge of the OIAG company.
America Movil is expected to make a friendly takeover bid once they have combined their shares with OIAG in a pact, bringing the total shares above the 30% threshold that triggers a mandatory takeover offer.
Panda Dies Of Horrific Injuries After Savage Attack
A three-year-old wild Giant Panda left badly wounded in the Tangjiahe National Nature Reserve in China after an attack by yellow-throated martens has died of its wounds.
Food Jewellery Craze In Japan
The designers call it modern art, and claim it is designed for the woman who wants a guarantee she will stand out at the next dinner party.
Darth Vader Taken Out By Street Sign
Darth Vader and a pair of Imperial Stormtroopers felt the force of a blow from a road sign after not paying attention while hitting the campaign trail.
How An Austrian Park Every Year Becomes A Lake
Spectacular images that show how a park becomes a lake each spring complete with underwater trees have been captured by two divers.
Mad About Mammoths At Vienna Museum
A unique exhibition in the Austrian capital Vienna has proved a massive hit after bringing together for the first time some of the most famous frozen woolly mammoth remains.
Controversy Over Advert For Fucking Hell Beer
An Austrian political party has defended a decision to promote a local beer named after the village of Fucking.
Luigi Restaurant Cooks Up Delicious Delights For Winter Season
Brothers Luigi and Leo Doci who own the renowned Luigi restaurant chain will be cooking up a storm in Semmering this winter.
Church Porn Star In Court
A Polish-born woman who made a video of herself masturbating in church is facing six months in jail after a viewer called police when he recognised the woman.
Hugh Grant Cuddles Lamb On Animal Farm With Mrs Glock
Hugh Grant led a star-studded turnout at Austria's animal farm project which unveiled its Christmas market this week.
Cheating Wife Buries Hubby Alive For New Lover
A woman who married her sisterís fiance and then attacked him with a knife before burying him alive so she could be with her new lover is facing life in jail.
The most popular stories –
last 7 days
|How An Austrian Park Every Year Becomes A Lake|
|Chicken Farmer Jailed For Hacking Off Lovers Head And Fingers|
|Aysha King Prague Proton Centre Doubles Prices|
|Outrage Over Slapping Of Baby Panda|
|Stag Do Brit Had Taken Cocaine Admit Family|
Why suffer in silence. Let off steam by letting our readers share your troubles. File your complaints about anything and everything here.
Our ombudsman David Rogers will try and help solve some of the problems from lazy civil servants through to incompetent companies – and at the very least the worst transgressors will end up in our weekly special report.