Theocharopoulos is also the head of telecom operator Cosmote Romania, which Romtelecom is set to take over.
“Both shareholders (Greek group OTE and the Romanian Ministry of Communications) agreed to appoint the CEO of Cosmote Romania, Stefanos Theocharopoulos, as head of Romtelecom,” Friday said OTE president Michael Tsamaz, who is also board president at Romtelecom.
Theocharopoulos thus replaces Ioannidis, whose mandate ceased Friday, after four years.
Romtelecom is the largest local operator of fixed telephony, 54.01% owned by OTE, while the Communications Ministry holds a 45.00% stake.
Other OTE operations in Romania include local mobile telephony division Cosmote and IT store chain Germanos.