Magyar Telekom stock keeps CEO Rekasi through June 2030
Published on 11/12/2026 at 12:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSLeadership continuity and IT focus
- The board extended Tibor Rékasi's chief executive mandate after he had led the company since July 2018.
- Gergely Takács will take charge of a standalone IT unit as chief information officer from January 2027.
- The reorganization gives technology a dedicated place in Magyar Telekom's senior management structure.
Magyar Telekom's board has extended Tibor Rékasi's appointment as chief executive through June 30, 2030. The decision was announced by the company on Tuesday, November 10, and was reported by Telecompaper.
The extension keeps Rékasi at the helm after he has led the telecommunications group since July 2018. For investors, the decision preserves continuity in the executive office while the company continues to manage its investment and operating priorities.
Technology moves into senior management
The board also approved a new IT unit to be led by Gergely Takács as chief information officer from January 1, 2027. Takács has led Magyar Telekom's IT function since February 2025 and brings more than 25 years of telecommunications experience, according to the Telecompaper report.
Magyar Telekom's investor-relations page lists the personnel decision alongside the company's third-quarter financial report. The new structure places technology operations closer to senior management as digitalization and artificial intelligence become more important to telecom operators. Its financial effect will depend on how the unit supports network operations, customer services and digital products.
Magyar Telekom stock traded at 8.13 euros on Lang & Schwarz at 12:19 CET on Thursday, November 12, 2026.
Magyar Telekom at a glance
- Company: Magyar Telekom
- ISIN: HU0000073507
- Lang & Schwarz quote: 8.13 euros on November 12, 2026 at 12:19 CET
Hungarian equities remain part of the broader European market environment tracked through the BUX market theme.
Investors will next watch the IT transition on January 1, 2027 and the company's ongoing operating and investment priorities. More news and analyses on Magyar Telekom stock.
