Overview
- Movistar+’s board appointed Alfonso Gómez Palacio as chief executive to succeed Daniel Domenjó.
- The company set an overlap period in which both executives will work under Movistar+ president Javier de Paz to ensure an orderly handover.
- Daniel Domenjó plans to leave the group in the coming months to pursue new projects.
- Gómez, formerly in charge of Telefónica Hispanoamérica, is viewed as aligned with a finance-focused strategy aimed at sustainable growth.
- The leadership shift comes as Movistar+ leans on exclusive UEFA club competition rights in Spain through 2031, a €1.464 billion deal seen as key to winning and keeping subscribers.