CEO of Telefonica's Czech unit to step down at end of June

PRAGUE, April 24 Thu Apr 24, 2014 11:32am EDT

PRAGUE, April 24 (Reuters) - The chief executive of Telefonica Czech Republic, Luis Malvido, will step down at the end of June but will remain as chairman until the end of this year, the telecom company said on Thursday.

Malvido will then return to Telefonica, the Spanish parent of the Czech firm.

(Reporting by Robert Muller; editing by Keiron Henderson)

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