Jon Fredrik Baksaas the new CEO of Telenor

Press release
3 minute read
The board of Telenor ASA has appointed Mr. Jon Fredrik Baksaas as the new CEO of Telenor.
"The board is pleased to announce that Jon Fredrik Baksaas has accepted the position as the new Chief Executive Officer (CEO) of Telenor. We look forward to work with Mr. Baksaas in the continued development of Telenor as a leading telecommunications company, nationally and internationally. Mr. Baksaas' skills and personal qualifications clearly make him the best candidate for this important position," said chairman of the Telenor board, Mr. Tom Vidar Rygh.

Baksaas started his career at Telenor in 1989 and has held a number of important positions in the company, such as CFO and Senior Executive Vice President. Baksaas has since the summer of 2001 held the position as Deputy CEO. The new CEO has broad professional experience, and has previously been employed by e.g. Aker AS, Stolt-Nielsen Seaway and Det norske Veritas. He also has several years of international experience, and has been positioned in Japan.

The new Telenor CEO, Mr. Jon Fredrik Baksaas, is 47 years old and was born in Skien in Southern Norway. He now resides in Bærum just outside Oslo. Baksaas is a Bachelor of Commerce from the Norwegian School of Economics (NHH) and has additional training from the International Institute for Management Development (IMD) in Lausanne, Switzerland.

"I look forward to take up one of the most interesting and challenging positions in Norway. As the new CEO, I intend to pursue the efforts to increase profitability, to strengthen the focus of the activity and further the development of Telenor as a powerful and internationally oriented telecommunications company. The Telenor I now take leadership of has a very good basis for further development and growth," said Jon Fredrik Baksaas.

Press Conference at 14:00 CET
A press conference presenting the new CEO will be staged at Telenor Expo, Universitetsgt. 7, Oslo, on Friday April 26, at 14:00 CET.

The new CEO, Jon Fredrik Baksaas, and the chairman of the board, Tom Vidar Rygh, will be present.

Download a picture of Jon Fredrik Baksaas (2MB, JPG)