Overview

• Supervisory board chair Peter Löscher is negotiating an early end to Haas’s contract and has begun an immediate hunt for a successor.
• O2 confirmed the leadership change on Tuesday in a statement from Munich.
• Haas has led the company since 2017 after joining in the 1990s.
• Under Haas the mobile network improved, with O2’s 5G area coverage overtaking Vodafone according to the federal regulator.
• O2’s revenue has dropped this year after losing wholesale customer 1&1 to Vodafone, and Haas was reported to have lost backing at Telefónica.