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    Tomáš Budník appointed new CEO of O2

    As of 1 July, Tomáš Budník will serve as the new CEO of O2. The news was announced today by PPF, the majority shareholder of telecommunications operator O2. Tomáš Budník replaces Luis Malvido, who served as CEO for five years; Luis Malvido remains in his post as Chairman of the Board.

    "I have discovered highly creative and capable people during my time at O2. These are people who can join me in initiating future changes; they are people whom I trust to undertake work that will lead to ever greater customer satisfaction. Firstly, I would like to focus on making our portfolio more decipherable - on services that our customers genuinely rely upon and utilise. Naturally, company profitability will also be a key focus," said Tomáš Budník, CEO of O2, adding: "The steps I take will not lead to mere short-term improvements, I am rather seeking changes that will enable O2 to maintain its position as market leader for many years to come."

    Tomáš Budník graduated from the VŠB-Technical University of Ostrava. He has spent more than 20 years in the field of telecommunications, including periods at INEC, Český Telecom and GTS, where he occupied various management posts in the realms of sales, marketing, customer care and oversight. His last position at GTS saw him take responsibility for the planning, construction, development and operation of telecommunications networks as well as customer service. Subsequently, as CEO, he partook in restructuring efforts at MobilKom, the provider of the U:fon network. In 2011, he joined PPF, where he initially served as IT Manager at the Eldorado subsidiary company. In 2013, he led a PPF project to create a fourth major mobile phone operator in the Czech Republic. Since April 2014, he has served at O2 in the post of Director of the IT & Demand Management division.


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