July 21, 2017 / 6:31 AM / a year ago

Fresenius poaches Telefonica Deutschland CFO Rachel Empey

BERLIN, July 21 (Reuters) - Fresenius named Rachel Empey as its chief financial officer on Friday, poaching her from Telefonica Deutschland.

Empey will start the role on Aug. 1, Fresenius said.

The move had been reported by a German magazine in April, but it was unclear when Empey would be released from her job at Telefonica Deutschland, which had at the time just lost its CEO to Lufthansa’s Eurowings unit.

Telefonica Deutschland late on Thursday said Empey would be replaced by Markus Rolle and it announced other new board members to drive its transformation. It also confirmed its 2017 outlook. (Reporting by Victoria Bryan; Editing by Georgina Prodhan)

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