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José María Álvarez-Pallete has been appointed as COO at Telefónica, replacing Julio Sinares, who is stepping down after 40 years of service.
Pallette takes the position having served as chairman and CEO of Telefónica Europe for the past year.
He first joined Telefónica in 1999 as a general manager of finance for the company’s international arm, and was quickly promoted to general manager of corporate finance for Telefónica Group in September that year.
Nearly three years later in 2002, he was appointed as chairman and CEO of Telefónica Latin America before taking the position as CEO of Telefónica Europe in September 2011.
