Michael Tsamaz

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." (PDF). 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). Check date values in: |date= (help)
  8. ↑ "OTE: Michael Tsamaz new Chairman & CEO". Deutsche Telekom. October 22, 2010.
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