Michael Tsamaz

From Wikipedia, the free encyclopedia

Michael Tsamaz (Greek: Μιχάλης Τσαμάζ) has been the Chairman and CEO of the Hellenic Telecommunications Organization (OTE) since 3 November 2010.[1]

He joined OTE Group in 2001 and became Head of Cosmote in 2007.[2]

In 2011, he reached an agreement with the Federation of OTE Employees (ΟΜΕ-ΟΤΕ) to cut labour costs. The two sides agreed on an 11% cut in pay for the period 2012-2014, in return for the implementation of a 35-hour week and the preservation of job positions.[3]

In September 2013, he announced investments of 1.2 billion euros to upgrade Greek fixed and mobile networks over the next four years having met with the Greek Prime Minister Antonis Samaras.[4]

He was listed no 84 Global Telecoms Business Power 100 for 2013.[5]

Michael Tsamaz was born in Athens in 1959[6] and his family comes from Philadelphia, Asia Minor and Chania, Crete.[7] He holds a Bachelor’s Degree in Business Administration from the University of New Brunswick, Canada.[8]

References

  1. "Hellenic Telecommunications Organization"". Bloomberg Businessweek. 
  2. "Michael Tsamaz.". Hellenic Telecommunications Organization. 
  3. "OTE cuts costs in three-year deal with union". European Industrial Relations Observatory On-line. November 22, 2011. 
  4. "PM Samaras briefed by OTE's CEO". Athens-Macedonian News Agency. September 25, 2013. 
  5. "Global Telecoms Business Power 100 for 2013". Global Telecoms Business. September 27, 2013. 
  6. "Hellenic Telecommunications Organization S.A.". Form 20-F filed with the United States Securities and Exchange Commission. June 17, 2011. 
  7. "Michael Tsamaz in first-person". Fortune Greece. July 27, 2013 (in Greek). 
  8. "OTE: Michael Tsamaz new Chairman & CEO". Deutsche Telekom. October 22, 2010. 


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