Svein Aaser resigns as Chairman of Telenor ASA
(Thomson Reuters ONE) -
(Oslo - 30 October 2015) Svein Aaser has today announced that he will resign
from the position as Chairman of the Board effective immediately. Svein Aaser
has served as Chairman of Telenor ASA since May 16, 2012.
"Telenor's Board of Directors recently initiated a strategic review of the
company's ownership in VimpelCom Ltd. As a result of this review, Telenor's
Board together with the new CEO decided to divest the company's minority stake
in VimpelCom Ltd. As part of the review, I also assessed my own position. The
VimpelCom case has been ongoing for several years, and it has been demanding and
complex to manage,'' said Svein Aaser.
"As Chairman, my priorities have been to appoint the new CEO and prepare for
Telenor's decision to divest its shares in VimpelCom to focus on creating value
in core operations. Telenor's transition from a telecommunications operator
towards a global internet service provider has been my most important task. I
believe we have succeeded creating a foundation for this transition," said
Aaser.
"VimpelCom has been under investigation for several years, and this has been
challenging for Telenor. I would like to emphasize that it is VimpelCom that is
under investigation and that Telenor has fully cooperated with investigating
authorities as a witness. The company continues to await the outcome of the
investigation," said Aaser.
"The Ministry and I have had different views on the handling of the VimpelCom
issue. I have informed the Minister of Trade and Industry, Monica Mæland, about
my decision. Beyond today's statement, I have no further comments," said Aaser.
Svein Aaser
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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: Telenor via GlobeNewswire
[HUG#1962898]
Unternehmensinformation / Kurzprofil:
Datum: 30.10.2015 - 11:01 Uhr
Sprache: Deutsch
News-ID 430724
Anzahl Zeichen: 2362
contact information:
Town:
OSLO
Kategorie:
Business News
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