Juan Villalonga

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Juan Villalonga Navarro (born April 8, 1953) is a Spanish businessman. In the 1980s he was a partner at McKinsey & Company , and in the early 1990s CEO of Credit Suisse First Boston and Bankers Trust in Spain . From 1996 to 2000 he was CEO of Telefónica .

In 2010, Harvard Business Review magazine named Villalonga one of the top 100 CEOs in the world.

Education and early years

Juan Villalonga is from Madrid , Spain. He was born on April 8, 1953 into a family of entrepreneurs and politicians. The paternal family owned the Valencian road and railroad companies . His great uncle Ignacio Villalonga was governor of Catalonia in 1935 and chairman of one of the largest banks in Spain (Banco Central) from 1943 to 1970. He was also an avowed opponent of the Franco regime .

Villalonga attended the Colegio Nuestra Senora Pilar School in Madrid. There he befriended José María Aznar , who was Spanish Prime Minister from 1996 to 2004 . In 1970 Villalonga attended the Universidad de Deusto , alma mater of his great-uncle, to graduate in law . He graduated in 1975. From 1975 to 1977 he did an MBA ( Master of Business Administration ) at IESE in Barcelona . He finished his military service from 1974 to 1975 as a lieutenant .

Career

He worked in finance for the next 18 years. He was a credit analyst at JP Morgan 's in New York . There he assessed the creditworthiness of companies and made quantitative analyzes as well as credit forecasts. In 1979 he was promoted to accounting officer and transferred to Madrid. In 1980 Villalonga joined McKinsey & Company. There he worked as a partner in the USA , Portugal , Brazil , Italy and Spain . During this time, banks such as Banco Santander - the largest bank in the euro area - were among his clients. In 1987 he opened McKinsey's branch in Rome . He later became CEO of Credit Suisse First Boston, Spain and Bankers Trust in Spain.

Telefónica

In 1996 Villalonga was appointed CEO of Telefónica at the proposal of the shareholders Argentaria, Banco Bilbao , La Caixa and with the support of the Spanish Prime Minister Jose Maria Aznar . In the four years under his leadership, the market capitalization of Telefónica increased by 127 billion US dollars . This secured the company's leading position in Spain and made Telefónica an international communications company. When the telecommunications market in Europe was liberalized in 1997, Telefónica lost its monopoly in Spain. Villalonga used this to expand the company into other Spanish-speaking regions, e.g. B. 1997 to Brazil. In 1998 Villalonga launched Telefónica Interactiva (also known as Terra Networks), Telefónica's Internet portal. He aggressively took over a number of start-ups in Spain and in the most important markets of Latin America , which turned Terra into a major Internet company. The company acquisitions included Ole (Spain), Zaz (Brazil), Infosel ( Mexico ), Gauchonet y Donde ( Argentina ) and Chevere ( Venezuela ). In November 1999 Terra went public in the USA and Spain, the share price rose from € 11.81 to € 157.65 within three months. Then he took over the American company Lycos with Telefónica. This merger resulted in one of the largest internet companies in the world. This opened up the American market for Terra with 30 million Spanish-speaking customers and gave the company access to markets in which it was not yet represented (e.g. Asia ). A $ 12.5 billion share purchase in 2000 created a new company, Terra Lycos Inc., with pro forma revenue of approximately $ 500 million, an estimated 50 million users and 175 million daily page views. In June 2000 Villalonga strengthened Telefónica's international position through a "share swap" known as "Operation Verónica". Via Telefónica he bought out the minority shareholders of the subsidiaries in Latin America, Telefónica de Argentina, Telesp in Brazil, Telefónica del Peru , and Tele Sudeste. He also restructured the company on the product level. At the same time, Telefónica took over the Dutch entertainment company Endemol for a share price of 5.5. Billion euro. In June 2000, the Madrid newspaper El Mundo alleged that Villalonga was involved in insider trading . Due to these rumors, under pressure from the Spanish government, Villalonga resigned as CEO of Telefónica in July 2000. In August 2000, the Spanish Securities and Exchange Commission (Comisión Nacional del Mercado de Valores) acquitted Villalonga of the charge of insider trading.

Current career

Until September 2011, Villalonga was a board member of the Espírito Santo Financial Group . He is a board member of Axiata . He is also the director of the technology company Idea. In 2010, Harvard Business Review magazine named Villalonga one of the best business leaders in the world.

Private life

Villalonga is married to the photographer Vanessa von Zitzewitz.

Web links

Individual evidence

  1. ^ A b Juan Villalonga. In: buscabiografias.com. Retrieved May 14, 2018 .
  2. ↑ a b c axiata group berhad. In: bloomberg.com. Retrieved May 14, 2018 .
  3. ↑ a b c The 100 Best-Performing CEOs in the World. In: hbr.org. Archived from the original ; accessed on May 14, 2018 .
  4. ↑ a b c d e f g Telefonica’s Brave New World; A Strategy With a Latin American Centerpiece. In: nytimes.com. May 13, 2000, accessed May 14, 2018 .
  5. ↑ Ignacio Villalonga. In: biografiasyvidas.com. Retrieved May 14, 2018 .
  6. ^ Juan Villalonga casa a su hijo en Madrid. In: vanitatis.elconfidencial.com. October 1, 2011, accessed May 14, 2018 .
  7. ↑ a b c Spanish Phone Utility Extends Its Latin American Leadership. In: nytimes.com. August 4, 1998. Retrieved May 14, 2018 .
  8. ↑ Telefónica Revamps to Form Super Mobile Unit. In: totaltele.com. January 13, 2000, accessed May 14, 2018 .
  9. ↑ Telefonica Investing $ 3.8 trillion in Brazil. In: nytimes.com. November 27, 1998. Retrieved May 14, 2018 .
  10. ↑ a b Terra snaps up Lycos for $ 12.5 billion. In: totaltele.com. May 17, 2000, accessed May 14, 2018 .
  11. ↑ a b Telefonica Bids for Stake in Dutch TV Company. In: totaltele.com. March 17, 2000, accessed May 14, 2018 .
  12. ↑ a b Univision appoints ex-Telefonica CEO Villalonga to board. In: totaltele.com. February 12, 2001. Retrieved May 14, 2018 .
  13. ^ Spain's Telefonica sets course for organic growth. In: totaltele.com. March 8, 2002, accessed May 14, 2018 .
  14. ↑ Telefonica to Concentrate on Key Markets in 2002. In: bnamericas.com. January 24, 2002, accessed May 14, 2018 .
  15. ↑ Stock probe dropped against Villalonga. In: totaltele.com. August 3, 2000, accessed May 14, 2018 .
  16. ^ Spanish Regulators Clear Former Telefonica Chief. In: latimes.com. August 3, 2000, accessed May 14, 2018 .
  17. ↑ Juan Villalonga se ha casado por tercera vez. In: hola.com. September 21, 2010, accessed May 14, 2018 .
personal data
SURNAME Villalonga, Juan
ALTERNATIVE NAMES Villalonga Navarro, Juan
BRIEF DESCRIPTION spanish businessman
DATE OF BIRTH April 8, 1953
PLACE OF BIRTH Madrid