Millicom Announces the Nomination Committee Ahead of the 2016 Annual General Meeting
October 07 2015 - 7:40AM
Business Wire
In accordance with the resolution of the 2015 Annual General
Meeting of Millicom International Cellular S.A. ("Millicom")
(NASDAQ:MICC) (STO:MIC) the Chairman of the Board of Directors,
Cristina Stenbeck, has convened a Nomination Committee.
The Nomination Committee comprises Cristina Stenbeck as Chairman
of the Board of Directors, Lorenzo Grabau appointed by Investment
AB Kinnevik, Mathias Leijon appointed by Nordea Investment Funds,
and Marianne Nilsson appointed by Swedbank Robur fonder. The
members of the Nomination Committee will appoint its Chairman at
the Committee’s first meeting.
Cristina Stenbeck and Lorenzo Grabau are members of Millicom’s
Board of Directors, and both are dependent in relation to major
shareholder Investment AB Kinnevik. This deviates from the Swedish
Corporate Governance Code. The 2015 Annual General Meeting resolved
that the Chairman of the Board of Directors shall be a member of
the Nomination Committee, and act as its convenor. The Meeting also
elected Cristina Stenbeck to be Chairman of the Board of Directors.
The appointment of Lorenzo Grabau, the Chief Executive Officer of
Investment AB Kinnevik, to the Nomination Committee was the natural
choice for Investment AB Kinnevik. All members of the Nomination
Committee agree that Cristina Stenbeck's experience of Nomination
Committee work will benefit Millicom, and that it is an advantage
for the company that both the Chairman of Millicom’s Board of
Directors and the Chief Executive Officer of Millicom's principal
shareholder take an active role in the Nomination Committee.
Information on the Nomination Committee and the 2016 Annual
General Meeting is available on the company's website:
www.millicom.com (http://www.millicom.com/). Shareholders
wishing to propose candidates for election to the Board of
Directors of Millicom should submit their proposal in writing to
the Company Secretary, Millicom International Cellular SA, 2 rue du
Fort Bourbon, BP 2312 L-1023 Luxembourg, Luxembourg.
About Millicom
Millicom is a leading telecom and media company dedicated to
emerging markets in Latin America and Africa. Millicom sets the
pace when it comes to providing innovative and customer-centric
digital lifestyle services to the world’s emerging markets. The
Millicom Group employs 15,600 people and provides mobile services
to more than 59 million customers. Founded in 1990, Millicom
International Cellular SA is headquartered in Luxembourg and listed
on NASDAQ OMX Stockholm under the symbol MIC. In 2014, Millicom
generated revenue of USD 6.4 billion and EBITDA of USD 2.1
billion.
This information was brought to you by Cision
http://news.cision.com
View source
version on businesswire.com: http://www.businesswire.com/news/home/20151007005712/en/
MillicomPress EnquiriesTabitha Aldrich-SmithInterim
Communications DirectorTel: +352 277 59084 (Luxembourg)+44 7971 919
610press@millicom.comorInvestor RelationsNicolas DidioDirector,
Head of Investor RelationsTel: +352 277 59125 (Luxembourg)+44 203
249 2220investors@millicom.com
Millicom Cellular (NASDAQ:MICC)
Historical Stock Chart
From Jun 2024 to Jul 2024
Millicom Cellular (NASDAQ:MICC)
Historical Stock Chart
From Jul 2023 to Jul 2024