Telefónica Replaces Movistar+ CEO After One Year, Appoints Alfonso Gómez Palacio

TL;DR

Telefónica replaced Movistar+ CEO Daniel Domenjó after 13 months with Alfonso Gómez Palacio.
The change indicates a strategic shift towards tighter financial control and operational efficiency.
Gómez Palacio's background emphasizes financial and operational management, contrasting with his predecessor.
This is the third CEO change at Movistar+ in three years, raising concerns about stability.
The move signals Telefónica's move towards greater corporatization of its audiovisual business.

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