Ove Fredheim - Telenor ASA CEO

TELNY Stock  USD 11.62  0.22  1.86%   

CEO

Mr. Ove Fredheim no longer serves as Executive Vice President and Chief Executive Officer of Telenor Montenegro and Serbia at TELENOR ASA effective as of March 1 2016. He has held this position since September 1 2012. Ove Fredheim comes from Telenor Group Headquarters where he was heading the Markets unit within the Group Industrial Development for the past three years. Prior to that Fredheim served as CEO Telenor Hungary from 2003 to 2009. Fredheim was with Telenor for 20 years and has held several management positions. Fredheim is member of the Board of Directors in Telenor Norway. He holds Bachelors Degree from Oslo School of Business Administration. since 2012.
Tenure 12 years
Phone47 81 07 70 00
Webhttps://www.telenor.com

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.
The company 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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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.
Ase Selfjord, Director, Employee Representative
Jorgen Kildahl, Director
Stein Vellan, Executive Vice President CEO of Telenor Bulgaria
Alexandra Reich, Executive Vice President CEO of Telenor Hungary
Esben Smistad, Director, Employee Representative
Jon Haug, Chief People Officer and Executive VP
Rene Obermann, Director
Harald Stavn, Director, Employee Representative
Ruza Sabanovic, Executive Vice President CTO
Per Salomonsen, Director, Employee Representative
Rajeev Sethi, Executive Vice President; CEO of Grameenphone, Bangladesh
Sabah Qayyum, Director, Employee Representative
Roger Ronning, Director, Employee Representative
Anne Kvam, Executive Vice President Chief Corporate Affairs Officer
Cecilie Heuch, Executive Vice President Chief People Officer
Tone Bachke, Ex CFO
Michael Foley, Executive Vice President CEO of Telenor Pakistan
Hakon Kjol, Acting Head of Corporate Affairs
Jan Eriksen, Director, Employee Representative
Sharad Mehrotra, Executive Vice President CEO Telenor India
Lars Tellmann, CEO of Telenor Myanmar
Burckhard Bergmann, Director
Frank Dangeard, Director
Marianne Moe, Investor Relations Contact Officer
Berit Svendsen, Executive VP and CEO of Telenor Norway
Marit Vaagen, Director
Sigve Brekke, CEO and Pres
Jacob Aqraou, Director
Siri Hatlen, Director
Jon Reinhardsen, Director
LarsAke Norling, Executive Vice President CEO of dtac, Thailand
Regi Aalstad, Director
PetterBorre Furberg, Interim CEO of Grameenphone
Svein Kirkeng, Executive Vice President Head of Products and Marketing
Jon Gravrak, Executive Vice President Chief Digital Officer
SteinErik Vellan, Executive Vice President CEO of Telenor Bulgaria
Siri Berge, General Counsel
Irfan Khan, Executive Vice President CEO of Telenor Pakistan
Ashok Vaswani, Director
Grethe Viksaas, Director
Gunnar Sellaeg, Interim Group Chief Marketing Officer
Ove Fredheim, Executive Vice President CEO of Telenor Montenegro and Serbia
Christopher Laska, Executive Vice President CEO of Telenor Hungary
Gunn Waersted, Chairman of the Board
Morten Sorby, Executive Vice President and Head of Strategy and Regulatory Affairs
Jesper Hansen, Executive Vice President Acting CEO of Telenor Denmark
Rita Skjaervik, Sustainability People
Vegard Thoresen, Group General Counsel
Atle Lessum, Acting Communications
Albern Murty, Executive Vice President CEO of Digi, Malaysia
Ingeborg Ofsthus, Executive Vice President CEO of Telenor Serbia
Wenche Agerup, Executive Vice President Chief Corporate Affairs Officer
Jorgen Rostrup, Ex Bus
Petter Furberg, Executive Vice President CEO Telenor Myanmar
Vivek Sood, Executive Vice President Chief Marketing Officer
Jan Engebretsen, Chief Research
Dag Opedal, Director
Anita Steine, Director, Employee Representative
Sally Davis, Director
Patrik Hofbauer, Executive Vice President CEO of Telenor Sweden

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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Telenor ASA in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Telenor ASA's short interest history, or implied volatility extrapolated from Telenor ASA options trading.

Currently Active Assets on Macroaxis

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Please note, there is a significant difference between Telenor ASA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Telenor ASA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Telenor ASA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.