Europe's largest telecoms group said Mirchandani will take the finance helm after joining in 2019. He has held several senior posts, including running group controlling, the unit that handles financial planning and performance management.
He succeeds Christian Illek, 62, who is set to depart in April after two decades at the company. Illek decided against extending his contract, according to Wednesday's announcement.
Jan Hofmeyr was named chief technology officer and a member of the management board, replacing Abdu Mudesir. Earlier this year, Mudesir left to lead Verizon Communications Inc.'s Global Networks and Technology organization. Hofmeyr previously worked at Amazon Web Services and was responsible for the company's Telco Industry business.
Chief Executive Officer Tim Höttges, under contract through 2028, is steering through tougher competition in the US and in Germany. Deutsche Telekom owns more than half of T-Mobile US Inc. Höttges has been adding to the US holding and has weighed a combination involving T-Mobile, with the potential to form the world's largest telecom company.
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When a company with a controlling position in T-Mobile US and an actively evolving footprint undergoes leadership change, the consequences can spread to strategy, capital allocation, and network spending. If you own or track telecom names, this is one to watch for how the new finance and technology chiefs balance growth ambitions in the US with competition at home.
