It is the Board of Telenor’s asked Jon Fredrik Baksaas (59) to extend the employment contract, the company said.
baksaas accepted. CEO turns 60 in November and could then chose to retire. Instead, he is now sitting out the next calendar year.
If the advisor
On 1 January 2016 he goes down as CEO. At the same time he goes into a role as a special advisor to Telenor for 12 months, where he will continue to report to the board, according to a press release.
Jon Fredrik Baksaas has joined Telenor in 1989 and took over as CEO Tormod Hermansen in 2002 Telecom giant has under his direction rapidly expanded internationally.
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