Norway's Telenor appoints new CEO

norway's telenor appoints new ceo

Telenor logo and stock graph are seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration

COPENHAGEN (Reuters) - Norwegian telecoms company Telenor on Thursday said it had appointed Benedicte Schilbred Fasmer as its new chief executive, starting Dec. 1 when its current CEO, Sigve Brekke retires.

Fasmer, who is currently CEO of SpareBank 1 SR-Bank, will be the first woman to head Telenor.

"Telenor's financial targets stand firm, and there are no plans for any strategy shifts," the company said in a statement.

(Reporting by Louise Breusch Rasmussen, editing by Terje Solsvik)

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