Deutsche Telekom finance head to become CEO at end 2013

Designated new finance chief Hoettges and Obermann, CEO of Deutsche Telekom AG pose before the annual news conference in BonnFRANKFURT (Reuters) – Deutsche Telekom Chief Executive Rene Obermann will step down at the end of next year and be succeeded at the helm of Germany's former state telecoms monopoly by finance director Timotheus Hoettges. Hoettges, 50, said on Thursday he was not planning major changes to strategy and would continue Obermann's drive of investing in the United States and Germany as the firm battles to return to revenue growth against a tough economic backdrop. …


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