Anders Narvinger to leave the TeliaSonera Board of Directors in conjunction with the 2013 Annual General Meeting (AGM)
Anders Narvinger has notified the Nomination Committee that he will not stand for re-election as Chairman of the Board. He will leave the Board in conjunction with the AGM on April 3, 2013. The Board has also been informed of Anders Narvinger's decision.
"I have understood that the Nomination Committee would like to see changes on the Board of Directors, and to create something of a new start for TeliaSonera, where a change of CEO is due next year. In light of this, it is a natural step for me to announce that I will not stand for re-election," says Anders Narvinger.
“The Nomination Committee has now initiated a process in order to be able to propose a new Chairman of the Board to the 2013 AGM, and hope to be ready by the end of January. CEO Lars Nyberg's contract expires in December 2013, and therefore one of the first important tasks for the new Chairman will be the recruitment of a new CEO,” says Committee Chairman Kristina Ekengren.
The Nomination Committee consists of Kristina Ekengren, Nomination Committee Chairman (Swedish Government), Kari Järvinen (Solidium Oy), Jan Andersson (Swedbank Robur Fonder), Per Frennberg (Alecta) and Anders Narvinger (Chairman of the Board).
TeliaSonera AB discloses the information provided herein pursuant to the Swedish Securities Markets Act and/or the Swedish Financial Instrument Trading Act. The information was submitted for publication at 11.45 a.m. CET on December 5, 2012.
For more information, please contact the TeliaSonera press office + 46-771 77 58 30, press@teliasonera.com, visit our Newsroom or follow us on Twitter @TLSN_Media.
Forward-Looking Statements
Statements made in the press release relating to future status or circumstances, including future performance and other trend projections are forward-looking statements. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. There can be no assurance that actual results will not differ materially from those expressed or implied by these forward-looking statements due to many factors, many of which are outside the control of TeliaSonera.
For more information, please contact the TeliaSonera press office 46-771 77 58 30, press@teliasonera.com or visit TeliaSonera Newsroom.
Also follow us on Twitter @TLSN_Media.
Forward-Looking Statements
Statements made in the press release relating to future status or circumstances, including future performance and other trend projections are forward-looking statements. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. There can be no assurance that actual results will not differ materially from those expressed or implied by these forward-looking statements due to many factors, many of which are outside the control of TeliaSonera.
TeliaSonera provides network access and telecommunication services in the Nordic and Baltic countries, the emerging markets of Eurasia, including Russia and Turkey, and in Spain. TeliaSonera helps people and companies communicate in an easy, efficient and environmentally friendly way. Our ambition is to be number one or two in all our markets, providing the best customer experience, high quality networks and cost efficient operations. TeliaSonera is also the leading European wholesale provider with a wholly-owned international carrier network. In 2011, net sales amounted to SEK 104 billion, EBITDA to SEK 36.9 billion and earnings per share to SEK 4,20. The TeliaSonera share is listed on NASDAQ OMX Stockholm and NASDAQ OMX Helsinki. Read more at www.teliasonera.com