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Henrik Poulsen to step down as President and CEO of TDC A/S in order to become President and CEO of DONG Energy

Press Release   •   Apr 18, 2012 12:01 BST

Henrik Poulsen assumed the position as President and CEO of TDC in November 2008 and has since then contributed to its transformation into a strong company during a challenging economic period.

Vagn Sørensen, Chairman of TDC's Board of Directors states: "The board of directors wish Henrik the best of success with his coming position, and wish to acknowledge the strong contribution, he has made to TDC. In the midst of a global financial crisis and in a Danish telecom market characterised by head-on competition, TDC has during his leadership been successful in strengthening the performance of the company. He will hand over a company, which is acknowledged throughout Europe as one of the absolutely strongest telcos".

"TDC has in the last couple of years brought a strong suit of new and innovative products to market, and a significant growth has been achieved in the Nordic business market as well as within pay-tv. Through the acquisition of smaller companies such as Fullrate and Onfone TDC has been transformed into a multi brand group. The TDC group has also achieved strong progress in customer satisfaction as well as in productivity" continues Vagn Sørensen.

Henrik Poulsen explains: "I have decided to accept the position at DONG Energy because I consider this an uncommonly interesting challenge. DONG Energy is one of the leading companies within offshore wind power and assumes a central position in Denmark's transformation into green energy."

"However, I will miss my 10,000 colleagues within TDC and the strong engagement and competencies, which characterise the employees of TDC. TDC is a very strong company and the outlook for the company is good. Furthermore TDC has a senior management team with considerable strength and experience, and I am highly confident that TDC will continue to perform very well", Henrik Poulsen adds.

The Board of Directors of TDC will now initiate the search for a successor for Henrik Poulsen, a search which will include internal as well as external candidates.

For more information:
TDC press, tel. +45 70 20 35 10
Dong Energy, tel. +45 99 55 95 52