Statement from the Board of Directors meeting in Telenor ASA
(Thomson Reuters ONE) -
(Fornebu, 13 December 2016) The Telenor Board of Directors has had several
complex issues for discussion during the past months related to themes like
strategy, governance and compliance. There have been differing viewpoints in the
Board on some topics. The Board has unanimously concluded on the following
points:
The Board and management has agreed upon the company's strategic direction
towards 2020. Going forward, the board will focus fully on the continued
development of Telenor as a value creating, innovative and responsible company.
During the meeting, the Board has confirmed its trust in President and CEO,
Sigve Brekke. It is the Board's opinion that Mr. Brekke is the right person to
lead the implementation of the new strategy. Recently, media has referred to
issues from Sigve Brekke's period as Head of Asia. The cases have previously
been handled and concluded upon by the Board.
During the past year, Telenor has had a specific focus on improving governance
and follow-up and review in our different markets. Telenor operates in many
challenging markets and will also in the future have to handle compliance and
business ethics risks. The Board and management will therefore further
strengthen the mitigation work and the development of good systems to detect and
solve issues that arise.
Telenor will hold a press meeting Wednesday 14. December, at 11:00 at Telenor's
headquarters at Fornebu. Chair of the Board, Gunn Wærsted, and President and
CEO, Sigve Brekke, will be available.
Contact:
Atle Lessum (VP Group Communications): 415 05 645
Glenn Mandelid (Head of Media Relations): 926 61 300
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Telenor via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 13.12.2016 - 19:45 Uhr
Sprache: Deutsch
News-ID 512621
Anzahl Zeichen: 2241
contact information:
Town:
OSLO
Kategorie:
Business News
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