Sweden Requests Change of Chairman at Telia [Yahoo! Finance News]
TELIA COMPANY AB UNSP/ADR (TLSNY)
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Source: Yahoo! Finance News
Sweden Requests Change of Chairman at Telia ) -- Telia Co. proposed replacing Chairman Marie Ehrling with Swedish industry veteran Lars-Johan Jarnheimer after its largest shareholder, the Swedish state, requested a change of board leadership. The government has called for the company to hold an extraordinary general meeting to appoint a new chairman, according to a statement on Sunday. Ehrling has been in the position since 2013. “Lars-Johan is strongly business minded and has extensive experience within telecommunications,” Daniel Kristiansson, the head of Telia’s nomination committee, said in the statement. The move coincides with the departure of Telia Chief Executive Officer Johan Dennelind, who announced in August that he would leave after six years at the helm, and raises questions about the company’s move into media content, a key part of the strategy pursued by Dennelind and Ehrling. Telia’s acquisition of Bonnier AB’s TV operations was widely criticized by government represen
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