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GlobeNewswire (Europe)
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Dan Strömberg becomes the new CEO of Telia Lietuva

Dan Strömberg will become the new CEO of Telia Lithuania. The current CEO, Kestutis Šliužas, has decided to resign to pursue new challenges after a handover period over summer to ensure a smooth transition.

Dan Strömberg will assume the role of the CEO of Telia Lietuva from today, 4 July 2018.

"I am happy and excited to take on this challenge and move back to Lithuania where I have previously spent several years. I really like the country and believe our operations here have huge potential when it comes to digitalization, converged customer offerings, and technological innovation to make our customers' lives simpler and more comfortable," commented Dan Strömberg.

"It has been dynamic, successful, and very interesting 5 years for me. We've made an important cultural journey and started a digital transformation that needs to continue. The business is on a good trajectory with a lot of future potential. I believe 4-5 years is an optimal period for the role and have therefore decided to move on to new ideas and challenges, being certain that the rapid development of Telia Lietuva will continue. Big thanks to the team, to all our customers and partners," said Kestutis Šliužas.

"I'd like to warmly welcome Dan Strömberg on board as well as express our gratitude to what Kestutis Šliužas and his team have achieved. The company is in a strong shape financially and brand-wise. Launching the very first converged offering Telia One to the market last year has been highly appreciated by our customers. The company has undergone a successful transformation with large part of the merger of two businesses completed by now. Kestutis Šliužas has helped to change Telia in Lithuania to a truly modern company taking several important steps towards the digital era during his tenure. His achievements set a strong foundation to move forward to the next phase of development and digitalization along with the rest of the Telia Company," says Henriette Wendt, Chairwoman of the Board of Telia Lietuva. "I'm confident Dan Strömberg's previous experience from Estonia will be of great use in further enhancing Telia's digitalization efforts and our position among the most innovative companies within our footprint," added Wendt.

The new CEO of Telia Lietuva Dan Strömberg was previously the CEO of Telia Eesti since January 2016. Prior to that he led Omnitel in Lithuania (2013-2015) and Telia's broadband business in Denmark (2009-2012). Overall, Dan Strömberg has more than 25 years of experience in different leading positions in Telia Company, extensive knowledge about mobility, broadband and IT business, and high variety of experience with different markets.

Audrius Stasiulaitis,
Spokesperson,
tel. +370 5 236 7019,
e-mail: audrius.stasiulaitis@telia.lt

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© 2018 GlobeNewswire (Europe)
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