VimpelCom Appoints Rene Schuster As COO - Quick Facts

(RTTNews) - VimpelCom Ltd. (VIP), a provider of telecommunications services, Monday said Rene Schuster has been appointed as Group Chief Operating Officer, with effect from July 1.

Rene Schuster will assume direct responsibility for the operational and financial performance of the business units. He was previously Chief Executive Officer of Telefonica Deutschland. Under his leadership, the company delivered consistent organic and market share growth.

Prior to joining Telefonica Deutschland, he was Chief Executive Officer of the UK and Irish operations of Adecco, the recruitment and managed service business, which he joined from Vodafone Group where he was the Global Marketing Director.

Rene has held several other senior positions with companies including Hewlett Packard, Compaq, KPMG, IBM and General Electric.

Rene succeeds Jan Edvard Thygesen who has decided to retire at the conclusion of his contract in December.

Jan Edvard will focus on certain designated strategic projects in his remaining period with VimpelCom.