Millicom (Tigo) announces changes to its Board of Directors
Millicom (NASDAQ: TIGO) announced changes to its Board of Directors on September 24, 2024. Thomas Reynaud and Aude Durand have stepped down from their roles as board members, effective immediately. The Board, maintaining its composition of eight directors, has unanimously appointed Jules Niel and Pierre-Emmanuel Durand as interim members until the next annual general meeting.
Reynaud and Durand's departure coincides with changes in Millicom's leadership and governance, as well as their increased commitments to Iliad group companies. The Board expressed gratitude for their contributions over the past 18 months, during which Millicom achieved significant improvements in its results.
Jules Niel, born in 2000, is an Investment Associate at NJJ Telecom Europe, while Pierre-Emmanuel Durand, born in 1990, serves as an Investment Director at NJJ Telecom Europe and Atlas Investissement. A Nominations Committee will be formed to propose new board members for election at the next annual general meeting.
Millicom (NASDAQ: TIGO) ha annunciato cambiamenti nel suo Consiglio di Amministrazione il 24 settembre 2024. Thomas Reynaud e Aude Durand si sono dimessi dai loro ruoli di membri del consiglio, con effetto immediato. Il Consiglio, mantenendo la sua composizione di otto membri, ha nominato all'unanimità Jules Niel e Pierre-Emmanuel Durand come membri ad interim fino alla prossima assemblea generale annuale.
Le dimissioni di Reynaud e Durand coincidono con cambiamenti nella leadership e nella governance di Millicom, oltre ai loro crescenti impegni verso le aziende del gruppo Iliad. Il Consiglio ha espresso gratitudine per i loro contributi nel corso degli ultimi 18 mesi, durante i quali Millicom ha raggiunto miglioramenti significativi nei suoi risultati.
Jules Niel, nato nel 2000, è un Associato agli Investimenti presso NJJ Telecom Europe, mentre Pierre-Emmanuel Durand, nato nel 1990, ricopre il ruolo di Direttore degli Investimenti presso NJJ Telecom Europe e Atlas Investissement. Sarà costituito un Comitato per le Nomine che proporrà nuovi membri del consiglio da eleggere nella prossima assemblea generale annuale.
Millicom (NASDAQ: TIGO) anunció cambios en su Junta Directiva el 24 de septiembre de 2024. Thomas Reynaud y Aude Durand han renunciado a sus cargos como miembros del consejo, con efecto inmediato. La Junta, manteniendo su composición de ocho directores, ha nombrado unánimemente a Jules Niel y Pierre-Emmanuel Durand como miembros interinos hasta la próxima reunión general anual.
La salida de Reynaud y Durand coincide con cambios en el liderazgo y la gobernanza de Millicom, así como con su creciente compromiso con las empresas del grupo Iliad. La Junta expresó su gratitud por sus contribuciones durante los últimos 18 meses, período en el cual Millicom logró mejoras significativas en sus resultados.
Jules Niel, nacido en 2000, es Asociado de Inversiones en NJJ Telecom Europe, mientras que Pierre-Emmanuel Durand, nacido en 1990, se desempeña como Director de Inversiones en NJJ Telecom Europe y Atlas Investissement. Se formará un Comité de Nominaciones para proponer nuevos miembros del consejo para ser elegidos en la próxima reunión general anual.
밀리컴 (NASDAQ: TIGO)은 2024년 9월 24일 이사회에 대한 변경 사항을 발표했습니다. 토마스 레이노와 오드 뒤랑은 이사직에서 즉각적으로 사퇴했습니다. 이사회는 여전히 여덟 명의 이사로 구성되어 있으며, 다음 연례 총회까지 줄스 니엘과 피에르-에마니엘 뒤랑을 임시 이사로 만장일치로 임명했습니다.
레이노와 뒤랑의 퇴임은 밀리컴의 리더십과 거버넌스의 변화와 함께 나타났으며, 이들 두 사람은 이리아드 그룹 회사에 대한 의무가 증가하고 있습니다. 이사회는 지난 18개월간의 그들의 기여에 대해 감사의 뜻을 전했으며, 이 기간 동안 밀리컴은 상당한 성과 개선을 이루었습니다.
줄스 니엘은 2000년에 태어나 NJJ 텔레콤 유럽의 투자 협력자이며, 피에르-에마니엘 뒤랑은 1990년에 태어나 NJJ 텔레콤 유럽 및 아틀라스 인베스티스망의 투자 이사로 재직하고 있습니다. 다음 연례 총회에서 선출될 새로운 이사 후보를 제안하기 위해 개별 청원위원회가 구성될 예정입니다.
Millicom (NASDAQ: TIGO) a annoncé des changements au sein de son Conseil d'Administration le 24 septembre 2024. Thomas Reynaud et Aude Durand ont démissionné de leurs fonctions de membres du conseil, avec effet immédiat. Le Conseil, maintenant composé de huit membres, a nommé à l'unanimité Jules Niel et Pierre-Emmanuel Durand en tant que membres intérimaires jusqu'à la prochaine assemblée générale annuelle.
Le départ de Reynaud et Durand coïncide avec des changements dans la direction et la gouvernance de Millicom, ainsi qu'avec leurs engagements accrus vis-à-vis des entreprises du groupe Iliad. Le Conseil a exprimé sa gratitude pour leurs contributions au cours des 18 derniers mois, période pendant laquelle Millicom a réalisé des améliorations significatives dans ses résultats.
Jules Niel, né en 2000, est consultant en investissement chez NJJ Telecom Europe, tandis que Pierre-Emmanuel Durand, né en 1990, occupe le poste de directeur des investissements chez NJJ Telecom Europe et Atlas Investissement. Un comité de nomination sera formé pour proposer de nouveaux membres pour le conseil à élire lors de la prochaine assemblée générale annuelle.
Millicom (NASDAQ: TIGO) hat am 24. September 2024 Änderungen in seinem Vorstand bekannt gegeben. Thomas Reynaud und Aude Durand haben ihre Ämter als Vorstandsmitglieder mit sofortiger Wirkung niedergelegt. Der Vorstand, der weiterhin aus acht Direktoren besteht, hat Jules Niel und Pierre-Emmanuel Durand einstimmig zu Interimsvorstandsmitgliedern bis zur nächsten Hauptversammlung ernannt.
Der Rücktritt von Reynaud und Durand fällt zusammen mit Veränderungen in der Führung und Governance von Millicom sowie deren wachsenden Engagements für Unternehmen der Iliad-Gruppe. Der Vorstand bedankte sich für ihren Beitrag in den letzten 18 Monaten, in denen Millicom signifikante Verbesserungen in den Ergebnissen erzielt hat.
Jules Niel, geboren 2000, ist Investment Associate bei NJJ Telecom Europe, während Pierre-Emmanuel Durand, geboren 1990, als Investment Director bei NJJ Telecom Europe und Atlas Investissement tätig ist. Ein Nominierungsausschuss wird gebildet, um neue Vorstandsmitglieder für die Wahl bei der nächsten Hauptversammlung vorzuschlagen.
- Board maintains its composition of eight directors, ensuring continuity in governance
- Appointment of two new interim board members with relevant industry experience
- Acknowledgment of significant achievements and major improvements in Millicom's results over the past 18 months
- Sudden departure of two board members, potentially disrupting board dynamics
- Loss of experienced board members with connections to major telecom companies (Iliad, Tele2, Monaco Telecom)
Millicom (Tigo) announces changes to its Board of Directors
Luxembourg, September 24, 2024 – Millicom (NASDAQ: TIGO) (the “Company”) announced today that Thomas Reynaud and Aude Durand have stepped down from their roles as members of the Millicom Board of Directors (the “Board”), with immediate effect. The Board, which will continue to be composed of eight directors, has unanimously appointed Jules Niel and Pierre-Emmanuel Durand as interim members of the Board, until the next annual general meeting of Millicom shareholders.
Mr. Reynaud joined Millicom’s Board of Directors in May 2023, and Ms. Durand joined Millicom’s Board of Directors in February 2024. They announced their departure in conjunction with several changes to Millicom’s leadership and governance, as well as their increased commitments among Iliad group companies. Mr. Reynaud is the Chief Executive Officer of Iliad and the Chair of the Board of Directors of Tele2. Ms. Durand is the Deputy Chief Executive Officer of Iliad and a member of the Boards of Directors of Tele2 and Monaco Telecom.
“The Board of Directors of Millicom thank Thomas and Aude for their contributions to Millicom over the past eighteen months. During that time, they contributed to significant achievements and a major improvement in Millicom’s results. They will continue to be part of the extended Millicom family, and we wish them the best in their other roles.”
Jules Niel, born in 2000, is a French citizen who since 2023 has served as an Investment Associate at NJJ Telecom Europe, the holding company for telecom operators Eir in Ireland, Salt in Switzerland, and Monaco Telecom Group. He also oversees operations at the French media group Nice-Matin. Prior to this, he worked in the Global Advisory (M&A) division at Rothschild & Co in Paris.
Pierre-Emmanuel Durand, born in 1990, is a French citizen who has served as an Investment Director at NJJ Telecom Europe and Atlas Investissement since 2018, focusing primarily on financial controlling, M&A, financing and business development activities. He was previously a Manager in the Transaction Services team at KPMG Paris, working on financial due diligence for corporate clients and private equity firms. He is also a member of the Boards of Directors of Salt Mobile, Eir, Epic Cyprus and Epic Malta.
A Nominations Committee will be convened and work to submit a proposal for election of members of the Board to the next annual general meeting of Millicom shareholders.
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For further information, please contact:
| Press: | Investors: |
| Sofia Corral, Director Corporate Communications press@millicom.com | Michel Morin, VP Investor Relations investors@millicom.com |
About Millicom
Millicom (NASDAQ U.S.: TIGO, Nasdaq Stockholm: TIGO_SDB) is a leading provider of fixed and mobile telecommunications services in Latin America. Through our TIGO® and Tigo Business® brands, we provide a wide range of digital services and products, including TIGO Money for mobile financial services, TIGO Sports for local entertainment, TIGO ONEtv for pay TV, high-speed data, voice, and business-to-business solutions such as cloud and security. As of June 30, 2024, Millicom, including its Honduras Joint Venture, employed approximately 15,000 people, and provided mobile and fiber-cable services through its digital highways to more than 45 million customers, with a fiber-cable footprint over 14 million homes passed. Founded in 1990, Millicom International Cellular S.A. is headquartered in Luxembourg.
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