TDC CEO to step down by year-end as new owners plan strategy to split up Danish ops

News General Denmark 15 MEI 2018
TDC CEO to step down by year-end as new owners plan strategy to split up Danish ops

Danish operator TDC said that group CEO and president Pernille Erenbjerg has announced her resignation no later than 31 December 2018. She will support TDC's new owners, a consortium of pension funds and Macquarie Infrastructure and Real Assets, until her replacement has been appointed. TDC added that Mike Parton will become chairman of the board of directors, following the EGM on the previous day.

Erenbjerg said that as TDC's new owners will embark on a new strategy, which involves splitting the Danish company into separate units, she considers this the right time to step down and start the process of passing on the baton to someone else. Parton thanked Erenbjerg for her stewardship of the company. Parton added that TDC will continue to invest and focus on retail and content development, as well as fibre deployment throughout Denmark.

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