Thursday, December 8, 2016

Wærsted about the Telenor feud: I grieve to have covered in the board – E24

The hottest fray in Telenor since the duel between the then Norwegian trade and industry minister Trond Giske and secretary of the Telenor chairman Harald Norvik.

DN wrote Wednesday that the relationship between Telenor ceo Sigve Brekke and Telenor chairman of the board Gunn Wærsted is so inflamed that she in the autumn in a conversation with Him, said that she thinks he should go.

– Shared not styrelederens vision

Break to not have followed the call.

“instead, the board was plugged into and it turned out that the board is not shared styrelederens vision. On the contrary to Break support in the rest of the board”, wrote DN on Wednesday night.

the newspaper Aftenposten writes today that Wærsted had not informed the board of directors before she said to Him that she believes he should resign – and that it turned out that she is the only person on the board who believe it.

When VG got contact with Wærsted Thursday afternoon, she was clear that she is not doing anything sololøp.

I don’t want to say anything about matters relating to board work, but I will say that I have as a principle that the chairman of the board to make sure that I have the foundation in the board of directors.

the Conflict between them emerges as the explosives: the Chairman of the state giant Telenor (the Norwegian state owns 54 per cent) want to throw the Telenor boss, but not with the board of directors.

– No emergency meeting

Several people have already concluded that there is no longer room for both.

– With the pressure now on to get to know what the case actually is about; it is right that you are in a conversation with Brekke has said that he should resign?

It is a ratio that is within what I define as the work of the board, which means that I will not comment on it.

– Are there any new cases linked to the different assessment of the way forward for Telenor is to the reason?

– I must give the same answer to that question.

– Is it correct that it is summoned to the emergency meeting of the board of directors?

– No, it does not entail correctness, ” she says.

It means that the case eventually comes up at the regular meeting of the board in the next week.

– Is it correct that the board should have ordered a report from an external consulting company in connection with the case opportunity?

Since I by principle do not speak to me about the work of the board, I can not answer that, ” says Wærsted.

Not voting

In part statsselskaper it has been tradition that the State has been given the green light for “their candidate” in the board of directors. But this is not so in Telenor today:

Ministry of trade and industry minister Monica Mæland (H), that state owners have not placed their man or woman in the board of directors.

One who knows the processes from the inside says that if it had been so, so would probably Break resigned, if he had caught up that the government representative had not confidence in him.

A central question is whether the Wærsted has the support of the minister Mæland.

the Minister does not want to comment on the case.

Sources say to the NEWSPAPER that the board of directors has not made a voting if they have the confidence to Break.

vg’s commentator: Some must go

the Case continues below the advertisement.

Has gone in the storm

Sigve Brekke has been in the storm since he took over as ceo of Telenor in august 2015.

The largest is korrupsjonssaken in the subsidiary work at vimpelcom, which was about to be rolled up when the Break started.

Korrupsjonssaken in work at vimpelcom led to the then chairman of the board Svein Aaser resigned in november 2015.

the Break was at the same time under pressure as a result of errors in the CV-a his and not the least criticism for the lack of women in senior-level positions, and most recently, Telenor has imposed a fine of almost 1 billion for abuse of market power.

On top of it is a little nice the earnings performance of Telenor since he took over.

The previous fray

It is not the first time calls with Telenor-tops creates the storm.

four years ago was one of the best maktkampene in the transition between the Norwegian policy and business, when one of the nestorene in the business world, Harald Norvik, narrow together with Norwegian trade and industry minister Trond Giske (Ap) on the sale of TV2.

Then-chairman of the board in Telenor, Harald Norvik, perceived that Giske had said to him that Norvik should be glad that it is not meeting now: A threat that would Norvik be thrown. It was connected to an after party at nightspot Lorry.

the power Struggle ended with that Norvik had to go.

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