0
General

Telenor ex-CEO steps down as advisor to board over Vimpelcom

Monday 9 November 2015 | 11:48 CET | News
Always wanted to know everything about the Dutch Telecoms market? Then the online Masterclass Introduction Dutch Telecom market is for you! Please enroll here!
Telenor said its former CEO, Jon Fredrik Baksaas, has reached a mutual agreement with the board of directors to terminate his consultancy agreement with the board. Baksaas has also notified the board that he will refrain from a bonus payment for 2015. The decision is effective from 09 November. He said recent developments in the investigations into the VimpelCom affair make his role as strategic advisor to the Telenor board challenging. Baksaas keeps shares already awarded under Telenor's long-term incentive programme according to his employment contract.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Telenor / Vimpelcom
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Telenor's Sjulstad, Aa and Epsen shun parliamentary hearing

Published 26 May 2016 12:56 CET | Norway
Neither Telenor's former CFO Richard Olav Aa nor its ex-general counsel Pal Wien Espen plan to attend the parliamentary committee ...

Telenor names 3 new members of board of directors

Published 12 May 2016 11:56 CET | World
Telenor said that Ashok Vaswani, Jacob Aqraou and Siri Beate Hatlen have been appointed as new members of its board of directors. ...

Norwegian publisher brings out book on Telenor's recent past

Published 06 May 2016 12:38 CET | Norway
Entrepreneur and author Odd Harald Hauge has written a book about Telenor's recent history, according to Nettavisen.no, citing a ...

Telenor admits 'insufficient' handling of VimpelCom case

Published 29 Apr 2016 08:54 CET | World
Telenor is letting its CFO and general counsel go following a report showing the company failed to respond quickly to indications ...

Telenor in talks to sell Vimpelcom, sets sight on SE Asia

Published 04 Apr 2016 17:40 CET | Russian Federation
Telenor said it is in talks to sell its USD 2.42 billion stake in Vimpelcom, and that it would be targeting countries such as ...

Norway parliament plans new hearing on Vimpelcom case

Published 26 Feb 2016 11:29 CET | Norway
Norway is looking to hold fresh hearings on the Vimpelcom corruption case after the operator said it reached a settlement with US ...

Norway postpones parliamentary hearing on Vimpelcom case

Published 08 Dec 2015 14:13 CET | Norway
A parliamentary committee in Norway has agreed to postpone a hearing planned for 16 December on the corruption scandal ...

TeliaSonera comes 4th in Transparency International study

Published 26 Nov 2015 11:38 CET | World
TeliaSonera said it has been placed fourth in the overall ranking in Transparency International Hungary's report 'Transparency in ...

Norway to hold new Vimpelcom parliamentary hearing

Published 17 Nov 2015 13:00 CET | Norway
The Norwegian parliament is to hold a new hearing on 16 December regarding the Vimpelcom affair, according to newspaper ...

Telenor suspends CFO, lawyer, Dtac head and Russian head

Published 11 Nov 2015 23:15 CET | World
Telenor said that, as a result of the external review by Deloitte of the group's handling and oversight of its minority ownership ...

Vimpelcom ex-CEO released from custody in Norway

Published 11 Nov 2015 12:32 CET | Norway
Vimpelcom's former CEO Jo Lunder was released from custody on 10 November, after he had been arrested last week in connection ...

Oslo court doubts Vimpelcom ex-CEO involved in corruption

Published 09 Nov 2015 12:07 CET | Norway
Oslo district court has said there are no reasonable grounds to believe that Vimpelcom's former CEO, Jo Lunder, was involved in ...

Norway minister backs new parliamentary hearing on Vimpelcom

Published 06 Nov 2015 23:31 CET | Norway
Norwegian trade minister Monica Maeland said she regards it as a serious matter that Telenor's ex-CEO Jon Fredrik Baksaas has ...

Vimpelcom ex-CEO arrested in Norway over possible corruption

Published 05 Nov 2015 22:42 CET | World
Vimpelcom's former CEO, Jo Lunder, had been arrested at Oslo Airport in connection with possible corruption at the Russian ...

Telenor hires Deloitte to review Vimpelcom dealings

Published 05 Nov 2015 10:11 CET | Norway
Telenor announced that it hired Deloitte to perform a review of Telenor's handling and oversight of its minority stake in ...

Norway govt should demand chairwoman for Telenor board - MP

Published 03 Nov 2015 12:43 CET | Norway
Minister for Trade and Industry Monica Maeland should demand that Telenor appoints a chairwoman for its board of directors, said ...

Vimpelcom takes USD 900 mln charge for Uzbek investigation

Published 03 Nov 2015 08:46 CET | Uzbekistan
Vimpelcom announced it will take a provision of USD 900 million to cover potential liabilities in the investigation into its ...

Telenor chairman Aaser resigns after disagreement with state

Published 30 Oct 2015 11:24 CET | Norway
Telenor's chairman Svein Aaser has resigned, effective immediately, following a disagreement with the company's largest ...





Calendar   /   Industry Events

19 Oct Capacity Europe 2020
21 Oct Ericsson Q3 2020
21 Oct Telenor Q3 2020
21 Oct DNA Q3 2020
21 Oct Netgear Q3 2020
21 Oct Crown Castle Q3
21 Oct Telia Q3 2020
21 Oct Verizon Q3 2020
21 Oct Profile: Budget Alles-in-1
22 Oct Verimatrix Q3 2020
22 Oct Econocom Q3 2020
22 Oct AT&T Q3 2020
22 Oct Limelight Networks Q3 2020
22 Oct Nordic Entertainment Q3 2020
22 Oct Intel Q3 2020
22 Oct STMicroelectronics Q3 2020
22 Oct VeriSign Q3 2020
22 Oct Rogers Q3 2020
23 Oct Doro Q3 2020
23 Oct Orange Belgium Q3 2020
23 Oct Airtel Africa H1 results
26 Oct Harmonic Q3 2020
26 Oct Alphabet Q3 2020
26 Oct Twilio Q3 2020
26 Oct CCW Europe 2020
27 Oct Microsoft fiscal Q1
27 Oct A10 Networks Q3 2020
27 Oct Juniper Networks Q3 2020
27 Oct Siminn Q3 2020
27 Oct Telefonica Brasil Q3 2020
::: More Calendar Items