Board and management changes

Board and management changes

ID: 42996

(Thomson Reuters ONE) -


Bengt Thuresson, Chairman Eltek ASA, has resigned with immediate effect. It is a
result of different views on the implementation of the company's agreed
strategy.

The Board has today elected William H. Crown as new Chairman and Arve Johansen
as Vice-Chairman.

Chief Executive Officer Rune Finne has today resigned on the same basis. Finne
will continue in his position until September 30, 2010 and the Board will by
then have appointed a new Chief Executive Officer.

Contact persons:

Chairman of the Board: William H. Crown + 1 312 543 1739
Board member: Einar J. Greve +47 900 27 766







Eltek is a strategic technology partner within power solutions and microwave
radio transmission, through its three business units Eltek Valere, Nera Networks
and Nera Telecommunications. The company reported revenue of NOK 5.8 billion in
2009, and had close to 3,330 employees in more than 50 countries at the end of
the year. Eltek is listed on Oslo Stock Exchange and headquartered in Drammen,
Norway.




This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


[HUG#1446516]








This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Eltek ASA via Thomson Reuters ONE




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Bereitgestellt von Benutzer: hugin
Datum: 23.09.2010 - 18:14 Uhr
Sprache: Deutsch
News-ID 42996
Anzahl Zeichen: 0

contact information:
Town:

Drammen



Kategorie:

Business News



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"Board and management changes"
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