Slim Nephew To Head Up Telmex

Héctor Slim Seade, the nephew of Telmex owner Carlos Slim, has been named the new chief executive of the Mexican telco. Slim Seade, who was in charge of operational support at Telmex, will replace Jaime Chico Pardo who moves to become chairman of the board. Chico Pardo will be responsible for the company’s strategy and for consolidating its international expansion. And Oscar Von Hauske, previously head of systems and telecoms operations of the company, has been named chief executive of a newly created international division. Both Slim Seade and Von Hauske will report to Carlos Slim, who will act as co-chairman of the board.