Press Release
June 12, 2007
TeliaSonera to appoint a new CEO
The TeliaSonera board of directors decided at its board meeting on June 11 to
initiate a search process for a new President and CEO of TeliaSonera AB.
When assessing TeliaSonera's strategic options going forward, the board
concluded that the company is entering a new phase and will benefit from a new
leadership. Thereby, to further improve the spirit and commercial drive in the
organization, TeliaSonera needs a strong and motivating leadership focused on
growth, restructuring and value enhancement.
The present President and CEO of TeliaSonera AB, Anders Igel, will leave office
on July 31, 2007. The Executive Vice President and CFO, Kim Ignatius, will take
charge as acting President and CEO at that time. The board has initiated a
search process for a new President and CEO.
Anders Igel became the President and CEO of TeliaSonera in 2002 in connection
with the merger between Telia AB and Sonera Corporation.
"Anders Igel has contributed to the successful combination of the two
organizations and has also contributed to the merged company's very strong
financial development during the last years", says Tom von Weymarn, chairman of
the board in TeliaSonera.
TeliaSonera, as well as the telecom industry as a whole, has major opportunities
and challenges ahead. Growth has to be in focus as well as continuous
restructuring due to for example migration from traditional fixed to mobile- and
IP-based services. For TeliaSonera's part, value enhancement related to the
company's positions in Eurasia, including Russia and Turkey, is of great
importance.
Invitation to conference call
The Chairman of the Board of TeliaSonera, Tom von Weymarn, Executive Vice
President and CFO, Kim Ignatius, Ewa Lagerqvist, Head of Group Communications
and Martti Yrjö-Koskinen, Head of Investor Relations will be holding a
conference call at 8.30 AM CET today. Dial-in number +44(0)2071620025, refer to
TeliaSonera. Replay number: +44(0)2070314064, access code 754817 (valid until
June 17).
For further information contact:
Ola Kallemur, TeliaSonera Media Relations +46(0)70-600 12 59
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