It is the Swedish state, which is the largest owner of the Telia Company with 38.4 percent of the shares, which requests that the Board of Directors call for an Extraordinary General Meeting. A notice will be issued within two weeks and thereafter the meeting shall take place no earlier than three and no later than six weeks.
No reason why Marie Ehrling is petitioned is not stated, but she does not go on her own. Her mandate for the post expires in April next year.
-It will be a change a few months earlier than I might have expected. I was going to stay until April and now it will not be so, and that is something I have to respect, says Marie Ehrling to TT.
"Ask the main owner"TT has sought the chair of the Nomination Committee Daniel Kristiansson, who answers in a written comment:
“A unanimous nomination committee today proposes Lars-Johan Jarnheimer as new chairman of Telia Company AB. The Nomination Committee has worked on the basis of finding a long-term chairman for the company with a strong commercial drive and experience from the sector, ”he writes and thanks Marie Ehrling for the efforts she made during her time as chairman.
When Telia announced that the company intends to buy the media company Bonnier, including TV4, a confrontation arose between former CEO Johan Dennelind and the Swedish state. This is a decisive reason for Ehrling to leave the chair, says Joakim Bornold, economist at Söderberg & Partners.
-It is problematic when the CEO and the chairman manage a business that the largest owner does not support.
However, Ehrling himself does not want to comment on how the purchase, which is still being tested by the European Commission, has affected the shift.