José María Álvarez Pallete became Chairman and CEO of Telefónica SA in April 2016, and has been a board member since 2006. He also sits on the executive committee.
He joined the group in 1999 as a General Manager of Finance for Telefónica Internacional, and later that year became General Manager of Corporate Finance. In 2002, he was appointed Chairman and CEO of Telefónica Internacional. In 2006, he was named Managing Director of Telefónica Latin America and then Chairman and CEO of that division in 2009. In 2011 he went on to become Chairman and CEO of Telefónica Europe, and in 2012 Chief Operating Officer at group level.
In 1995, he joined Cementos Portland (Cemex) as head of investor relations, eventually becoming financial manager for Spain, General Manager for Administration and Finance in Indonesia and joining the board of Cemex Asia.
He began his career with Arthur Young in 1987, before joining Benito & Monjardín / Kidder, Peabody & Co. in 1988.
Industry awards include Best Practice, M&A (CFO Europe Magazine, 2001), Forum de Alta Dirección Golden Master (2007), Best Business Leader (El Economista, 2011), Award of Excellence (Association of Telecommunication Technical Engineers, 2013), the Medalla Sorolla (The Hispanic Society of America, 2014), Innovative Corporate Leader of the Year (Latin Trade, 2014).
Mr Álvarez-Pallete has a degree in Economics and Advanced Research degree from the Complutense University of Madrid. He also studied Economics at the Free University of Brussels, and holds an international management programme degree from IPADE.