Lars Nyberg, TeliaSonera's (Stockholm: TLSN.ST) current CEO, found out late last week that he'll be sticking around for at least another two years.
Although Nyberg could retire next December when he turns 60, per his employment agreement, but he is now going to serve as CEO through the end of 2013.
TeliaSonera's board Chairman Anders Narvinger said that "Lars Nyberg has a clear commercial focus and is an inspiring leader who has built a strong team around himself," adding that "we are very happy that he has accepted to continue for another three years."
For more:
- Total Telecom has this article
Related articles:
TeliaSonera conducts single wavelength 100 Gbps trial
TeliaSonera profits up on lower revenues; IPTV subs bump up 19K
'M2M opportunity bigger than mobile', claims TeliaSonera exec