New Member on the Telenor Board


OSLO, Norway, June 18, 2002 (PRIMEZONE) -- The Corporate Assembly of Telenor has elected Hanne de Mora (42) as new shareholderelected member of the Board of Telenor ASA. Deputy Chairman Ashild Bendiktsen is reelected as shareholderelected member, both for a period of one year. Bente Neegard Halvorsen leaves the Board. Ms. Hanne de Mora has a Master of Business Administration degree from Barcelona and has previous experience from Den norske Creditbank in Luxembourg and from Proctor & Gamble in Geneva and Stockholm. She has been a partner with McKinsey in Stockholm since 1989 and until June this year, when she started her own consultancy service based in Switzerland.

The members on the Board of Telenor ASA are normally elected for a period of two years. The shareholderelected members have for some years been elected at different times but the Corporate Assembly now finds it more convenient to elect all these members at the same time. The two shareholderelected board members on election this year have therefore been elected for one year only. As a result, all shareholderelected Board members will be on election spring/summer 2003.

The Board hereafter consists of: Tom Vidar Rygh, chairman Ashild Bendiktsen Hanne de Mora Thorleif Enger Einar Foerde Joergen Lindegaard Bjoerg Ven Per Gunnar Salomonsen (employee elected) Harald Stavn (employee elected) Irma Tystad (employee elected).



            

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