PRAGUE, June 10 Telefonica Czech Republic
said Tomas Kouril will become financial director on
July 1, replacing Martin Vlcek.
Kouril has worked for Telefonica since 2003 in various
positions. His appointment follows that of Tomas Budnik to the
helm of the company, announced on Monday.
Czech financial group PPF bought a 65.9 percent stake in the
company from Spain's Telefonica in January.
PPF is in the process of buying out minority shareholders
for 295.15 crowns per share.
Telefonica Czech Republic will change its name to O2 on June
(Reporting by Robert Muller; Editing by Mark Potter)