330:, creating one of the world’s largest Internet companies. It opened the U.S. market of 30 million Spanish speakers to Terra and provided access to parts of the world where Telefónica did not yet have a foothold, such as Asia. The purchase for $ 12.5 billion in stock in May 2000 created a new company known as Terra Lycos Inc., which had a pro-forma revenue of approximately $ 500 million, an estimated 50 million new users, and 175 million page views per day.
300:. In four years under his leadership, Telefónica’s market capitalization increased by $ 127 billion, securing the company's leadership position in Spain and turning Telefónica into an international telecommunications power. He also developed a successful model for acquisitions where transactions were made in stock.
187:, and was born on April 8, 1953. He comes from an established Spanish family deeply entrenched in the economics and politics of the country. His paternal family owned the Tramway and Railway Company of Valencia from CTFV to 1917. His great uncle, Ignacio Villalonga, was Governor of
303:
In 1997, the
European telecommunications market was liberalized, and Telefónica ceased to have a monopoly in Spain. Villalonga used the event to expand the company beyond Spain into other Spanish-speaking markets. In 1997, he entered the company into
448:
333:
In June 2000, Villalonga strengthened the international standing of Telefónica’s
Spanish Group in an equity swap known as "Operation Verónica." He had Telefónica buy out minority shareholders in its Latin American subsidiaries:
315:), Telefónica’s Internet portal. He aggressively acquired several local start-ups in Spain and the main Latin American markets, turning Terra into a major internet company. These acquisitions included Ole (Spain), Zaz (Brazil),
250:’s credit analyst team. In this role, he evaluated the credit worthiness of companies and made quantitative analysis and credit projections. In 1979, he was promoted to Account Officer and assigned to Madrid.
456:
342:
in Brazil, Telefónica del Perú, and Tele
Sudeste. He also reorganized the company along product rather than geographical lines. During the same period, Telefónica acquired Dutch entertainment giant
532:
359:. Amid these rumors and pressure from the Spanish government, Villalonga resigned as chairman of Telefónica in July 2000. In August 2000, the Spanish stock market commission, the
257:
in 1980 and worked as a partner across the United States, Portugal, Brazil, Italy and Spain. During this period, he serviced McKinsey clients such as
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in the U.S. and Spain, and its shares rose from the initial price of €11.81 to €157.65 within three months.
319:(Mexico), Gauchonet y Donde (Argentina) and Chevere (Venezuela). In November 1999, Terra had a high-profile
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50:
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For the next 18 years
Villalonga worked in the financial markets, starting in New York with
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was suspended in 1935. His great uncle was also chairman for one of Spain's largest banks,
958:
953:
219:
8:
218:
from 1996 to 2004. In 1970 Villalonga began attending his great uncle's alma mater, the
537:
628:
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297:
227:
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222:, to earn a degree in law. He graduated in 1975. While undertaking an MBA at the
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533:"Telefonica's Brave New World; a Strategy With a Latin American Centerpiece"
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261:, which is ranked as the largest bank in the Eurozone. He opened McKinsey’s
234:
from 1975 to 1977, he completed his military service, rising to the rank of
163:
71:
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417:
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192:
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He then had Telefónica purchase the
American Internet search company,
188:
899:
311:
In 1998, Villalonga launched Telefónica
Interactiva (also known as
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150:(born April 8, 1953) is a Spanish businessman. He was a partner at
738:
343:
235:
388:
named
Villalonga one of the Best-Performing CEO’s in the World.
376:
339:
592:"Spanish Phone Utility Extends its Latin American Leadership"
327:
284:
In 1996, Villalonga was appointed chief executive officer of
305:
262:
223:
792:"Univision appoints ex-Telefonica CEO Villalonga to board"
363:(CNMV), cleared Villalonga of insider trading charges.
379:, and is a director of the technology company Idea.
818:"Spain's Telefonica sets course for organic growth"
895:"Spanish Regulators Clear Former Telefónica Chief"
842:"Telefónica to Concentrate on Key Markets in 2002"
679:"Lucent and Telefonica Set for Equipment Alliance"
175:named Villalonga one of the world's top 100 CEOs.
935:
765:"Telefonica Bids for Stake in Dutch TV Company"
296:, and with endorsement of the Spanish Premier,
653:"Telefonica Revamps to Form Super Mobile Unit"
375:until September 2011. He is a board member of
449:"Executive Profile - Juan Villalonga Navarro"
355:claimed that Villalonga had been involved in
703:"Telefonica Investing 3.8 billion in Brazil"
484:"The 100 Best-performing CEO's in the World"
199:(1943–1970), and was an outspoken critic of
371:Villalonga served as a board member of the
868:
562:"Juan Villalonga is added to the boat HRT"
758:
756:
734:"Terra snaps up Lycos for $ 12.5 billion"
616:
530:
210:in Madrid. There, he became friends with
871:"Stock Probe Dropped Against Villalonga"
727:
725:
556:
554:
407:
405:
403:
361:Comisión Nacional del Mercado de Valores
178:
162:in Spain in the early 1990s, and CEO of
949:Spanish football chairmen and investors
864:
862:
589:
443:
441:
439:
413:"The Stars of Europe - Empire Builders"
288:, proposed by shareholders Argentaria,
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887:
834:
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670:
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477:
475:
473:
400:
859:
815:
809:
731:
436:
969:People named in the Paradise Papers
781:
642:
578:
455:. 16 September 2011. Archived from
13:
507:
470:
206:Villalonga attended school at the
14:
980:
917:
610:
238:(Second Lieutenant) (1974–1975).
366:
208:Colegio Nuestra Senora del Pilar
134:
107:
869:Spetalnick, M (3 August 2000).
349:In June 2000, the Madrid daily
268:He subsequently became CEO for
183:Juan Villalonga is a native of
130:
103:
16:Spanish businessman (born 1953)
421:. 12 June 2000. Archived from
373:Espirito Santo Financial Group
1:
732:Hall, Jessica (17 May 2000).
617:Edmondson, G (May 15, 2000).
590:Goodman, A. (4 August 1998).
482:Hansen, M.T. (January 2010).
394:
279:
763:Jacobs, C (March 17, 2000).
531:Tagliabue, J (13 May 2000).
7:
741:, Reposted in Total Telecom
346:for €5.5 billion in stock.
10:
985:
816:Hetz, R. (March 8, 2000).
677:Nelson, B (January 1999).
270:Credit Suisse First Boston
156:Credit Suisse First Boston
58:Credit Suisse First Boston
822:Reuters and Total Telecom
769:Reuters and Total Telecom
241:
80:
46:
28:
21:
964:Directors of Telefónica
489:Harvard Business Review
453:Bloomberg, Businessweek
385:Harvard Business Review
336:Telefónica de Argentina
216:Prime Minister of Spain
172:Harvard Business Review
148:Juan Villalonga Navarro
33:Juan Villalonga Navarro
846:Business News Americas
255:McKinsey & Company
154:in the 1980s, CEO for
152:McKinsey & Company
51:McKinsey & Company
232:University of Navarre
214:, who would serve as
179:Early life, education
120:Vanessa Von Zitzewitz
220:University of Deusto
133: 2011;
106: 2000;
924:Black Lake Ventures
798:. February 12, 2001
459:on October 15, 2012
425:on December 9, 2000
166:from 1996 to 2000.
659:. January 13, 2000
538:The New York Times
711:. 7 November 1998
619:"Spain's Splurge"
145:
144:
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903:. August 3, 2000
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668:
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665:
664:
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627:. Archived from
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576:
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558:
549:
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492:. Archived from
479:
468:
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445:
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431:
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409:
298:Jose Maria Aznar
265:office in 1987.
228:Barcelona, Spain
212:José María Aznar
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105:
19:
18:
984:
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631:on July 7, 2000
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357:insider trading
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259:Banco Santander
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201:Francoist Spain
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137: 2024)
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110: 2009)
101:
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92:Adriana Abascal
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918:External links
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848:. January 2002
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67:in Spain - CEO
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496:on 2011-11-01
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65:Bankers Trust
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40:Madrid, Spain
36:April 8, 1953
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905:. Retrieved
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629:the original
624:BusinessWeek
622:
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569:. Retrieved
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542:. Retrieved
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498:. Retrieved
494:the original
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457:the original
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423:the original
418:BusinessWeek
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290:Banco Bilbao
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959:1953 births
954:Valencia CF
566:OH VS Space
248:J.P. Morgan
193:Generalitat
76:(1996–2000)
69:(1995–1996)
62:(1993–1994)
55:(1980–1989)
938:Categories
907:2011-11-09
880:2011-11-09
852:2011-11-09
827:2011-11-09
802:2011-11-09
774:2011-11-09
746:2011-11-09
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663:2011-11-09
635:2011-11-09
603:2011-11-09
571:2011-11-09
544:2011-11-09
500:2011-11-09
463:2011-11-09
429:2011-11-09
395:References
286:Telefónica
280:Telefónica
276:in Spain.
253:He joined
164:Telefónica
72:Telefónica
382:In 2010,
189:Catalonia
169:In 2010,
929:Idea.com
900:LA Times
352:El Mundo
308:Brazil.
294:La Caixa
53:-partner
875:Reuters
796:Reuters
739:Reuters
344:Endemol
317:Infosel
236:Alferez
139:
127:
123:
112:
100:
96:
81:Spouses
377:Axiata
340:Telesp
242:Career
328:Lycos
191:when
129:(
125:
102:(
98:
74:- CEO
60:- CEO
306:BRIC
304:pre-
263:Rome
224:IESE
158:and
135:div.
108:div.
29:Born
321:IPO
226:in
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131:m.
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