STA, 10 December 2019 - The supervisory board of the telecoms incumbent Telekom Slovenije appointed on Tuesday Tomaž Seljak the new chairman for a full, four-year term. Seljak previously served as interim chairman following the resignation of Matjaž Merkan in mid-November.
Meanwhile appointed to the management board for a four-year term was Matjaž Beričič, who will be in charge of technology, the post previously held by the new chairman.
Seljak, who started his second term on the management board in May 2018, started working in Telekom Slovenije in 1997, becoming the head of the service in charge of the telecommunication cable network in 2004.
Before being appointed to the management board, he also headed the sector for the elimination of malfunctions and the sector for access networks.
Commenting on the appointment, chief supervisor Barbara Kürner Čad said that the company was facing numerous challenges related to the implementation of the strategic plan and new development and technological milestones.
"Telekom Slovenije needs continuity of management, which provides the company with stability, and excellent knowledge and experience in telecommunications," she added.
According to Kürner Čad, Seljak has proved to be a prudent manager with the knack for development of operations and as a good expert in telecommunications and trends.
Seljak succeeds Merkan after the latter resigned as chairman and CEO of the state-owned company on 14 November less than two months on the job.
While Telekom Slovenije said at the time that Merkan had resigned for personal reasons, Radio Slovenija said he stepped down after refusing to launch an inquiry into his predecessor Rudolf Skobe.
Skobe's tenure has been in the spotlight after Telekom has been ordered by an arbitration court to pay millions to the Greek Antenna Group, which wants to exit a media joint venture.
The public broadcaster TV Slovenija had meanwhile quoted anonymous sources privy to information that he was not up to the job.
Today, the supervisors also adopted the company's business plan for 2020, projecting EUR 676 million in operating revenue, EUR 210.6 million in EBITDA, EUR 27.5 million in net profit and EUR 209.7 million in investments.
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