Telenor makes organisational changes
(Thomson Reuters ONE) -
(Fornebu, 12 January 2017) Telenor Group has today announced a change to its
organisational structure and its executive management team in order to
transition into a more integrated global company and to deliver on its digital
strategy. The changes will be effective from 1 March 2017.
"In 2015, we included the business unit CEOs into the Group's executive
management to ensure a closer connection with customers and the development of a
unified global strategy. With the changes announced today, we are taking the
next step and continue to evolve into a more global company, leveraging
economies of scale and driving innovation across Telenor," says Sigve Brekke,
President and CEO of Telenor Group.
Telenor Group's business units will be organised into four clusters:
Scandinavia, Central and Eastern Europe, Emerging Asia and Mature Asia. Each
cluster will be led by a Cluster Head, reporting to the Group President and CEO.
The new Services and Operations unit will standardise and consolidate the
development and operations of networks, core IT platforms, infrastructure and
shared services. The new Products and Customer Interaction unit will focus on
improving and scaling customer innovation by working on products, customer
journeys and analytics.
The announced changes to the organisation will not impact Telenor Group's
financial reporting structure.
The new executive management team will consist of:
* Sigve Brekke, President and Chief Executive Officer (President and CEO)
* Jørgen C. Arentz Rostrup, EVP and Chief Financial Officer (CFO)
* Jon Erik Haug, EVP and Head of People
* Wenche Agerup, EVP and Head of Corporate Affairs
* Jon Gravråk, EVP and Head of Digital Businesses
* Morten Karlsen Sørby, EVP and Head of Transformation
* Svein Henning Kirkeng, EVP and Head of Products and Customer Interaction
* Ruza Sabanovic, EVP and Head of Services and Operations
* Petter-Børre Furberg, EVP and Head of Emerging Asia Cluster
* Lars Åke Norling, EVP and Head of Mature Asia Cluster
* Alexandra Reich, EVP and Head of Central & Eastern Europe Cluster
* Berit Svendsen, EVP and Head of Scandinavian Cluster
Gunnar Sellæg, Patrik Hofbauer, Jesper Hansen, Ingeborg Øfsthus, Michael Foley,
Albern Murty, Irfan Wahab Khan, Sharad Mehrotra and Lars Erik Tellmann will step
down from Telenor's Group Executive Management team. The business unit CEOs will
continue to be CEOs of their respective business units. The new Cluster Heads
will also remain in their position as local CEOs.
Contact
Glenn Mandelid
Head of Media Relations
Telenor Group
Mobile: +47 92 66 13 00
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
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