In two days, the board of directors in Telenor sat together at the head office at Fornebu. The complicated relationship between the ceo Sigve Brekke and chairman of the board Gunn Wærsted has been one of the themes of the maratonmøtet.
But after a half day, it is clear: A unanimous board of directors with Gunn Wærsted in the mean Sigve Brekke is the right man to lead Telenor.
Since Today’s Business a week ago wrote that the chairman of the board Gunn Wærsted is reportedly to have asked Sigve Brekke about to retire, it has been speculated that he must leave the toppjobben.
the Speculation increased after Gunn Wærsted at the weekend expressed the following: – This is a very unfortunate case for Telenor. No doubt about it.
In the media, it was interpreted as if samarbeidsproblemene was so large, that the outcome had to be that one of them had to go Was not Gunn Wærsted with the board to throw Sigve Brekke, would Wærsted even resign as chairman of the board.
CONFIDENCE: the Board of directors, with Gunn Wærsted in the lead has the confidence of the current president and ceo Sigve Brekke, it came out in the evening.
Photo: Larsen, Haakon Mosvold / NTB scanpix
– Breakout is the right one
But now in the evening sent i.e. Telenor released a press release where the company avkrefter that there should be mistrust between the board and the ceo.
Telenor writes:
“the Board of directors in the meeting maintained its trust to the ceo Sigve Brekke. After the opinion of the board is to Break the right to lead Telenor’s efforts to implement the new strategy. The Media has in the later time referred to cases from Sigve break off time as head of Telenor in Asia. These cases were previously reviewed by the board of directors.”
Corruption and sponsorship
yesterday, it was in Today’s Industry known that Telenor’s subsidiary in Bangladesh has sponsored the special forces in the police and military in the country in a period where Sigve Brekke was the Asia ceo and chairman of the board of the company.
This should supposedly be one of the reasons that Gunn Wærsted had lost confidence in Him and that she, according to the anonymous sources should have asked the ceo to resign voluntarily.
TO COOPERATE: Sigve Brekke and Gunn Wærsted will both continue in Telenor and must work together going forward
Photo: Poppe, Cornelius / NTB scanpix
It has also emerged that Norwegian trade and industry minister Monica Mæland (H) have known of the conflict between the chairman of the board and chief executive officer, and that she has been informed that the Wærsted would have him removed.
Unfortunate sponsorships and korrupsjonsutfordringer in countries in which Telenor has invested in Asia has been a hot topic at the two-day meeting of the board, and this also emerges from the information that the company provides.
Company type:
“Telenor operates in several challenging markets and must also in the future manage the risks associated with corruption and ethical business practices. The board of directors and management of the amplifier, therefore, further prevention, as well as the development of good systems to uncover and resolve issues that arise.”
Chairman of the board will be seated
It has been speculated in the media that the Gunn Wærsted would resign as chairman if she didn’t the rest of the board with him on to throw Sigve Brekke.
It has not happened.
Chairman of the board Gunn Wærsted continue in the position, confirms the company through its head of communication Sverin Roald tonight.
Neither Sigve Brekke, or someone in the board of directors will tonight speak.
Chairman of the board and the ceo, instead, is set at a press conference in the morning at 11.
Not necessarily over
Journalist Varog Kervarec in the industry-the site says that the conflict in Telenor is not necessarily resolved even if the board says it has confidence to Break.
There is much that suggests that there is a personkonflikt between the ceo Brekke and chairman of the board Gunn Wærsted, ” he says.
Kervarec refers to the personkonflikten is not necessarily over, even if the board now wants stability and peace of mind. He says that and Brekke now need to find a common solution.
It is up to the protagonists to figure out the way forward together and find a line they can agree on, ” says Kervarec.
Get the have insurance policies
Norwegian trade and industry minister Mæland will also not comment on the outcome of the board meeting until after the press conference.
Næringskomiteens leader Geir Pollestad (Sp) mean næringsministeren must ensure that the conflict in Telenor is over and that there really is trust between the board and the management in Telenor.
– It seems that the company has found a solution, and it is of course good. But it has been special to see a conflict be folded out in the media, without the ceo or the chairman will do anything to suppress the conflict, says Pollestad to the NTB.
No comments:
Post a Comment