Erik Olsson resigns from Posten AB
Erik Olsson, President and CEO of Posten AB, and proposed President and CEO for the merged company with Post Danmark, leaves his position immediately due to lack of confidence from the Board.
Lars G. Nordström is appointed President and CEO of Posten AB. He will also lead the task of preparing for the integration with Post Danmark. Lars G. Nordström is a member of the Board of Nordea, where he was President and CEO until 2007. He is also a member of the board of TeliaSonera and VikingLine.
The process to recruit a permanent President and CEO will begin immediately.
Accord to contract, Erik Olsson has the right to 12 months notice in case of dismissal. He is also entitled to a severance pay equal to one year’s salary. The severance pay will be deducted against employment income. Olsson will be at the company’s disposal during his period of notice.
Erik Olsson, President and CEO of Posten AB, and proposed President and CEO for the merged company with Post Danmark, leaves his position immediately due to lack of confidence from the Board.
Lars G. Nordström is appointed President and CEO of Posten AB. He will also lead the task of preparing for the integration with Post Danmark. Lars G. Nordström is a member of the Board of Nordea, where he was President and CEO until 2007. He is also a member of the board of TeliaSonera and VikingLine.
The process to recruit a permanent President and CEO will begin immediately.
Accord to contract, Erik Olsson has the right to 12 months notice in case of dismissal. He is also entitled to a severance pay equal to one year’s salary. The severance pay will be deducted against employment income. Olsson will be at the company’s disposal during his period of notice.
For media inquiries:
Please contact Marianne Nivert, chairman of Board of Posten, through Posten’s press department: + 46 8 23 10 10
