Unanimous board vote dismisses Elektrim's Lundberg

The supervisory board of the Elektrim group voted unanimously to dismiss the company's president, Barbara Lundberg, during its meeting last Friday. The board's chairman, Waldemar Siwak, was named as her temporary replacement. Lundberg had announced at the board meeting held on May 14 that she would resign from her post before the end of June for personal reasons, but thus far no official reason has been given for her sudden dismissal. However, Lundberg's two-year tenure was increasingly marked by shareholders'disappointment with the holding's increasing debts, volatile stock performance, and stormy run-ins with its competing strategic investors, French Vivendi and Deutsche Telekom. The supervisory board will now be chaired by Vivendi's Michel Picot. (Rzeczpospolita, p.B4) M. S.-C.