Sigve Brekke - Telenor ASA CEO and Pres

TELNY Stock  USD 11.74  0.20  1.68%   

CEO

Mr. Sigve Brekke was appointed President and Chief Executive Officer of Telenor ASA, effective as of August 17, 2015. He no longer serves as Executive Vice President and Head of Asia region within the Company, effective as of August 16, 2015. He has held this position since September 1, 2008. He joined Telenor in 1998 as Advisor and then Telenor Singapore office in 1999 as Manager Business Development and later Managing Director since 2015.
Age 64
Tenure 9 years
Phone47 81 07 70 00
Webhttps://www.telenor.com
Brekke served as coChief Executive Officer of dtac from 2002 to 2005, and Chief Executive Officer in dtac from 2005 to 2008. Prior to joining Telenor, Mr. Brekke served as the Deputy Minister of Defense in Norway in 1993, and also held the position of Associate at the Center for Science and International Affairs, at Harvard University in the United States. He holds a Master of Public Administration degree from John F. Kennedy School of Government, Harvard University.

Telenor ASA Management Efficiency

The company has return on total asset (ROA) of 0.0493 % which means that it generated a profit of $0.0493 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2847 %, meaning that it generated $0.2847 on every $100 dollars invested by stockholders. Telenor ASA's management efficiency ratios could be used to measure how well Telenor ASA manages its routine affairs as well as how well it operates its assets and liabilities.
Telenor ASA ADR has accumulated 87.11 B in total debt with debt to equity ratio (D/E) of 4.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Telenor ASA ADR has a current ratio of 0.63, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Telenor ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Telenor ASA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Telenor ASA ADR sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Telenor to invest in growth at high rates of return. When we think about Telenor ASA's use of debt, we should always consider it together with cash and equity.

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CEO Age

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Telenor ASA, together with its subsidiaries, operates as a telecommunication company worldwide. Telenor ASA was founded in 1855 and is headquartered in Fornebu, Norway. Telenor ASA is traded on OTC Exchange in the United States. Telenor ASA ADR [TELNY] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Telenor ASA ADR Leadership Team

Elected by the shareholders, the Telenor ASA's board of directors comprises two types of representatives: Telenor ASA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Telenor. The board's role is to monitor Telenor ASA's management team and ensure that shareholders' interests are well served. Telenor ASA's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Telenor ASA's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sigve Brekke, CEO and Pres
Tone Bachke, Ex CFO
PetterBorre Furberg, Interim CEO of Grameenphone
Ruza Sabanovic, Executive Vice President CTO
Jorgen Rostrup, Ex Bus
Jan Engebretsen, Chief Research
Siri Berge, General Counsel
Rita Skjaervik, Sustainability People
Marianne Moe, Investor Relations Contact Officer
Atle Lessum, Acting Communications

Telenor Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Telenor ASA a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Additional Tools for Telenor Pink Sheet Analysis

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