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President and CEO of Telia Company AB to step down in 2020

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President and CEO of Telia Company AB, Johan Dennelind, will leave the company in 2020. Image sourced from Telia Company AB.
President and CEO of Telia Company AB, Johan Dennelind, will leave the company in 2020. Image sourced from Telia Company AB.

On 4 August 2019, Johan Dennelind, President and CEO of Swedish telephone company and mobile network operator Telia Company AB, informed the company’s Board of Directors that he will be leaving the company and has submitted his resignation letter in accordance with his employment contract. Dennelind has a 12 month notice period in his contract and will continue his roles at the company until the period is over. Dennelind served as President and CEO of the telephone company since 1 September 2013.

“During his six years as CEO, Johan has vigorously worked with the repositioning of Telia Company. The culture and strategy of the company have changed fundamentally and Telia is today a company with [a] strong business focus that truly represents “responsible” business. Johan’s strong and brave leadership has been crucial for this transformation. The Board and I regret that Johan has chosen to leave the company, but at the same time we respect his decision to take a new step in his career,” said Marie Ehrling, Chair of the Board of Directors.

“I also want to emphasize the very strong cooperation we have enjoyed during Johan’s tenure as President and CEO. We have had several difficult and tough situations to address and the fact that Johan has always acted with strength and wisdom has been of great importance for the development of Telia. Johan has assured the Board that he will continue in his present role with full force as long as it is needed during his notice period. This secures continuity and [focus] on several important projects and processes in the company,” Ehrling added.

“It is a true privilege to serve as President and CEO of Telia Company, one of Sweden’s oldest and largest companies. During the last years, I have, together with the Board and my team, implemented a transformation and re-alignment of Telia into a company that is well-positioned and well-equipped for the future. Telia Company is now entering a new phase with several opportunities for value-creation and with strong commitment from all our more than 20,000 employees. And it is after careful considerations that I now have decided to leave Telia and take on new challenges. I will continue in my role to drive our current agenda forward with full focus and commitment for as long as the Board wants,” Dennelind commented about his departure and the future of the company.

Edited by Kojo Essah

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