Last checked at 28 Sep 2015 07:51
TeliaSonera is combining the units Group Commercial and Group Technology into a new unit. Malin Frenning will leave TeliaSonera and Emil Nilsson will head Region Eurasia.Press Release
“We are maximizing and aligning our commercial and technology agendas in order to fully leverage our strengths as a Group. This will bring our operations even closer to the customers, ensure faster time to market and delivery on our transformation agenda”, says Johan Dennelind, President and CEO, TeliaSonera. The search for an EVP (Executive Vice President) and head of the combined unit has started.
As a consequence of the changes, Malin Frenning, currently SVP (Senior Vice President) responsible for overseeing Group Technology and the ongoing transformation program, will leave TeliaSonera. “Malin has been with TeliaSonera for more than 20 years and has been instrumental in turning the company into one of Europe’s leading operators. I really want to thank Malin for all her great work and achievements and wish her all the best going forward”, says Johan Dennelind, President and CEO, TeliaSonera.
Following the announcement that TeliaSonera is reducing its presence in Eurasia, Emil Nilsson has been appointed SVP and Head of Region Eurasia. At the same time, a Steering Board with the overall strategic responsibility for the Region is set up, chaired by Johan Dennelind. “Going forward, Group Executive Management will focus on the New Generation Telco agenda and our home markets in Regions Europe and Sweden. That’s why we need a separate governance structure. The Steering Board approach is to ensure continued alignment within the Group”, Johan Dennelind says.
Emil Nilsson assumes his new position on 5 October, 2015. Erik Hallberg, EVP and Head of Region Eurasia, will assume a new position with TeliaSonera. “Erik has successfully developed the Eurasian portfolio while introducing sustainability and compliance to be part of doing business in these countries. I am looking forward to seeing Erik take up a new challenge in the Group”, says Johan Dennelind.
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 8.30 a.m. CET on September 28, 2015.
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 a leading wholesale provider who owns and operates one of the world’s most extensive fiber backbones. In 2014, net sales amounted to SEK 101.1 billion, EBITDA to SEK 35.2 billion and earnings per share to SEK 3.35. The TeliaSonera share is listed on Nasdaq Stockholm and Nasdaq Helsinki. Read more at www.teliasonera.com.
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