Wed, Sep 11, 2019 16:00 CET

Telia Company’s Board of Directors has appointed Christian Luiga acting President and CEO of Telia Company effectively from September 12. Christian Luiga is currently Executive Vice President and Chief Financial Officer.

Christian Luiga joined Telia Company in 2009 and headed Corporate Control until April 2014, when he was appointed CFO of the Company. Douglas Lubbe has been appointed acting CFO in Telia Company. His most recent position was CFO of Telia Sweden.

Cecilia Lundin, Senior Vice President and Head of People and Brand, and Jonas Bengtsson, Senior Vice President and Group General Counsel and Head of Corporate Affairs, will keep their current roles but as Executive Vice Presidents. All other members of the Group Executive Management continue in their current positions.

Johan Dennelind who announced his resignation as President and CEO of Telia Company in early August will now leave his position but will remain at the Company’s disposal until he leaves the company during 2020. He will act as an advisor in the closing of the acquisition of Bonnier Broadcasting and in other important company issues.

As the Telia Company Board previously announced, a recruitment process is ongoing. As soon as the process to find a new permanent CEO is finalized, the result will be made public. **