Monday, March 11, 2013

TeliaSonera CEO Quits Amid Criticism

TeliaSonera CEO Quits Amid Criticism - "Mr. Nyberg said he had been informed Thursday evening that a major reshuffling of the board was pending and that the new board wasn't prepared to give him its support. Chairman Anders Narvinger, who in December said he wouldn't stand for re-election, said he expects the majority of the board to leave following pressure from its biggest owners, the states of Sweden and Finland. "The company is in a very troublesome situation," Mr. Narvinger told a news conference. "In hindsight, you can say that we should have scrutinized operations closer."" 'via Blog this'

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