Manager-Magazin : Ex-Deutsche Telekom CEO Obermann to be a financial investor

Ex-Deutsche Telekom CEO Obermann to be a financial investor / {http://bit.ly/1oR7jbn} German Article


Former Deutsche Telekom CEO René Obermann changes to the camp of the financial investors: The top manager is faced with a change to U.S. private equity firm General Atlantic. He will replace former Mannesmann CEO Klaus Esser.

Hamburg - Obermann, by the end of last year, yet the CEO of Deutsche Telekom wants to hire next to the American Investor General Atlantic. While negotiations with the private equity firm are well advanced, both sides willing to reach an agreement soon. The reported manager magazine in its new issue (publication date: May 23) and refers to industry insiders.

The financial investor specializing in the investment business with tech and media start-ups. Obermann expected to replace the former Mannesmann CEO Klaus Esser. Esser, who has been working since 2000 for General Atlantic, will resign during the year, the manager magazine reported on.
Neither Obermann nor General Atlantic would comment on the subject. Obermanns change but can not promptly take place: He still stands as the head of the cable operator Ziggo in the Netherlands under contract. For Ziggo but there is a takeover bid of U.S. cable magnate John Malone.

Obermann had already announced that following completion not to have the intention to stay at Ziggo. A Ziggo spokesman referred to a possible change Obermanns than speculation.