Mr. José María Álvarez-Pallete López
Chief Operating Officer, Telefónica S.A.
Born in Madrid,12th of December 1963.
José María Álvarez-Pallete López holds a degree in Economics from Complutense University of Madrid. He also studied economics at the Université Libre in Belgium, completed the International Management Program (IMP) at the Instituto Panamericano de Desarrollo de Directivos (IPADE) and holds the Diploma of Advanced Studies (DEA) from the Department of Financial Economics and Accounting of Complutense University of Madrid.
Since September 2012 he is Chief Operating Officer of Telefónica, S.A., up to that date, and since September 2011, he was Chairman of Telefónica Europe.
He joined the Telefónica Group in February 1999 as Chief Financial Officer for Telefónica Internacional, S.A.U.. In September of that same year, he was appointed Chief Financial Officer of Telefónica, S.A. In July 2002 he was appointed Executive Chairman of Telefónica Internacional, S.A.U.; in July 2006 he became General Manager of Telefónica Latinoamérica; and in March 2009 he assumed the position of Chairman of Telefónica Latinoamérica. He has been a member of the Board of Directors of Telefónica, S.A. since July 2006.
He began his professional career at Arthur Young Auditors in 1987 before joining Benito & Monjardín/Kidder, Peabody & Co. in 1998, where he worked for seven years, holding various positions in the research and corporate finance departments. In 1995 he joined Compañía Valenciana de Cementos Portland (Cemex) as head of the Investor Relations and Studies department. In 1996 he was promoted to Financial Manager, and in 1998 to General Manager for Administration and Finance for the CEMEX Group in Indonesia, where he was based in Jakarta.
He has been a Director of Cemex Singapur, China Netcom Group Corporation Limited, and Portugal Telecom, SGPS, S.A., and a member of the Board of numerous Telefónica Group companies.
In 2001, he was granted the best “CFO Europe Best Practices” award in the Mergers & Acquisitions category for the year 2000. In April 2003, he was appointed Member of Merit at the Ibero-American Forum of the Fundación Carlos III, and in July 2007 he was awarded the Gold Master of the Executive Management Forum. On October 4, 2011 he received the Personality of the Year in Economics Award, granted by Spanish newspaper “El Economista”.