Market
How many new strategic partnerships will Telefónica announce in 2025?
2
Resolution / Starting Odds
No new partnerships • 25%
1-2 new partnerships • 25%
3-4 new partnerships • 25%
5 or more new partnerships • 25%
Official announcements from Telefónica or reputable financial news outlets
Story
Telefónica Appoints Marc Murtra as CEO, Álvarez-Pallete to Receive 23 Million Euros
Jan 18, 2025, 05:46 PM
Telefónica SA has announced the replacement of its Chairman and CEO, José María Álvarez-Pallete, with Marc Murtra, the former president of Indra. The decision was made during an extraordinary board meeting convened to address the company's new shareholder structure. Álvarez-Pallete, who led Telefónica for nearly nine years, will receive a severance package of 23 million euros upon his departure. The move to appoint Murtra, seen as a candidate close to the government, was initiated by the state-owned Sociedad Estatal de Participaciones Industriales (SEPI), which holds a 10% stake in Telefónica. The change at Telefónica has also led to a leadership transition at Indra, where Ángel Escribano is expected to be named the new president following Murtra's departure.
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Similar markets
End existing partnerships • 25%
No major changes • 25%
Strengthen existing partnerships • 25%
Form new partnerships • 25%
Cost-cutting and restructuring • 25%
Other strategic focus • 25%
Expansion into new markets • 25%
Focus on digital transformation • 25%
Digital Transformation • 25%
Customer Experience • 25%
Sustainability Initiatives • 25%
Network Expansion • 25%
With a media company • 25%
With a tech company • 25%
No major partnership • 25%
With a financial institution • 25%
50 to 100 • 25%
More than 150 • 25%
Less than 50 • 25%
100 to 150 • 25%
New Technology Investment • 25%
Other • 25%
Merger or Acquisition • 25%
Divestiture • 25%
Collaboration with government agency • 25%
Partnership with another space company • 25%
No new partnerships announced • 25%
Partnership with academic institution • 25%
$100 million to $150 million • 25%
More than $150 million • 25%
Less than $50 million • 25%
$50 million to $100 million • 25%
No new partnerships • 25%
1-2 new partnerships • 25%
3-4 new partnerships • 25%
5 or more new partnerships • 25%