TDC : New organisation and management change in TDC


TDC A/S announces that it will reorganise certain parts of its Danish operations towards a more functional model. The reorganisation is done in order to better position the company for delivery of the 2013-2015 strategy, which was announced on 6 November 2012.

All consumer brands will be joined in the Consumer TDC Group Business Unit to strengthen the multi-brand strategy of TDC and ensure optimal marketing effect across brands.

A new business unit named Channels TDC Group will be formed, and comprise all call centres as well as online departments, across the Danish part of the group. Until a permanent appointment is made, Channels TDC Group will be headed by President and CEO Carsten Dilling.

A number of business areas from YouSee A/S will be organised together with their functional equivalents in TDC A/S especially in Consumer TDC Group, Operations TDC Group and Channels TDC Group. However in order to adhere with legal obligations to operate the cable-tv networks of the company in a separate legal entity, YouSee A/S will continue as such.

An agreement has been made that Senior Executive Vice President, TDC A/S, and CEO of YouSee A/S Niels Breining will not continue as CEO of YouSee A/S and as member of the Executive Committee of TDC A/S. Going forward the position as CEO of YouSee A/S will not be part of the Executive Committee of TDC A/S.

The changes will take effect as of 1 July 2013. TDC A/S’ Executive Committee will hereafter consist of: Carsten Dilling, President and Group CEO and temporary Head of Channels TDC Group; Pernille Erenbjerg, Group CFO; Anders Jensen, Head of Consumer TDC Group; Eva Berneke, Head of Business TDC Group; Jens Munch-Hansen, Head of Wholesale and Nordic TDC Group; Martin Lippert, Head of Operations TDC Group and Miriam Hvidt, Head of HR & Stakeholder Relations TDC Group.

As a consequence of the changes taking effect from 1 July 2013, from Q3 2013 and going forward the financial results will be reported on the business units Consumer, Business, Wholesale and Nordic and the cost centre Operations/Channels/HQ.

The changes will not change TDC’s guidance for 2013, which was announced on 5 February 2013 in connection with the publication of TDC’s financial statements for 2012 and reaffirmed in connection with the release of the Q1 2013 results on 3 May 2013.

         TDC A/S
         Teglholmsgade 3
         0900 Copenhagen C
         DK-Denmark
         tdc.com


Attachments

Release 15-2013 New organisation - UK.pdf