Magyar Telekom stock keeps CEO Rékasi through 2030

Published on 11/14/2026 at 11:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Magyar Telekom stock enters the weekend with leadership continuity through 2030. A new IT unit will start under Gergely Takács in January.

Leadership and technology structure

Magyar Telekom extended Tibor Rékasi's chief executive mandate through June 30, 2030.
A new standalone IT unit will begin operating under Gergely Takács on January 1, 2027.

Magyar Telekom, HU0000073507, Illustration mit AI erstellt.

Magyar Telekom announced on November 10 that Tibor Rékasi will remain chief executive until June 30, 2030. The company also approved a new standalone IT unit under Gergely Takács from January 1, 2027, according to the company's Investor Relations announcement.

Continuity at the top

The board's decision keeps Rékasi at the helm beyond the current mandate. He has served as Magyar Telekom's chief executive since 2018, giving the telecommunications group continuity as it manages network investment, digital services and operating priorities.

Dedicated IT leadership

Takács will become chief information officer and lead the new IT unit from January 1. The reorganization places technology under dedicated senior management as digitalization and artificial intelligence become more important to telecom operators.

For investors, the decisions combine stability in the top executive role with a clearer management focus on technology. The effect on growth, customer service and efficiency will depend on how the new unit supports the company's broader transformation plans.

Magyar Telekom stock traded at 8.24 euros on Lang & Schwarz at 11:40 CET on Saturday, November 14.