President and CEO Lars Nyberg’s contract extended
TeliaSonera’s Board of Directors has extended the employment contract for Lars Nyberg, President and CEO, until December 2013.
Lars Nyberg became President and Chief Executive Officer of TeliaSonera in September 2007 and, although he has a right to retire in December 2011 at the age of 60, he will continue in his role until the end of 2013.
“Lars Nyberg has a strong commercial focus and is an inspiring team builder. TeliaSonera has made great progress during his first three years as CEO and we are very glad that he has agreed to continue for another three years,” says Anders Narvinger, Chairman of the Board.
Lars Nyberg was born in 1951 and holds a Bachelor of Science in Business Administration from the University of Stockholm. Mr. Nyberg is Chairman of DataCard Corp. and board member of Autoliv Inc. Between 1995 and 2003 he was Chairman and CEO of NCR Corp, where he continued as Chairman until 2005. Previously, Mr. Nyberg held several managerial positions in Philips, and was a member of Philips Group Management Committee. Mr. Nyberg owns 150 000 shares in TeliaSonera.
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 2.45 p.m. CET on December 2, 2010.
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TeliaSonera's press office for journalists can be reached at 46-771 77 58 30
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 is also the leading European wholesale provider of quality cross-border voice, IP and capacity services, with a wholly-owned international carrier network. TeliaSonera’s services help people and companies communicate in an easy, efficient and environmentally friendly way. TeliaSonera creates value by focusing on providing world-class customer experience, securing quality in networks and achieving a best-in-class cost structure. In 2009, TeliaSonera’s net sales amounted to SEK 109 billion, and at the end of December 2009 the total number of subscriptions was 148 million in 20 countries. The TeliaSonera share is listed on NASDAQ OMX Stockholm and NASDAQ OMX Helsinki. Read more at www.teliasonera.com