Difference between revisions of "Jon Fredrik Baksaas"

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|description=Resigned as CEO of [[Telenor]] after corruption exposed. [[Bilderberg/2009]]
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|alma_mater=Norwegian School of Economics and Business Administration, International Institute for Management Development
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|birth_date= 21. November 1954
 
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'''Jon Fredrik Baksaas''' is a Norwegian business executive who was president and CEO of [[Telenor]] from 2002 to 2015. He attended the [[2009 Bilderberg meeting]].
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Baksaas resigned from Telenor after it became known that he had acted as one of the primary actors in a [[bribery]] and corruption scandal at [[VimpelCom]] (where he was a director), in connection with the purchase of wireless licenses in [[Uzbekistan]].<ref>[http://www.tnp.no/norway/economy/5139-baksaas-resigns-from-all-telenor-boards Baksaas resigns from all Telenor boards]</ref><ref>https://www.newsinenglish.no/2015/11/09/telenors-ex-ceo-loses-job-bonus/</ref><ref>https://www.newsinenglish.no/2015/11/09/telenors-ex-ceo-loses-job-bonus/</ref>
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==Education==
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Baksaas was educated at the [[Norwegian School of Economics]] and the [[International Institute for Management Development]] in [[Lausanne]]. After completing his education as a business economist ([[1979]]), he joined the industrial and offshore division of international accredited registrar [[Det norske Veritas|DNV]], where he held several management functions until [[1985]]. In the period 1985-1988 he held senior positions in Stolt Nielsen Seaway AS, and in 1988-1989 he was CFO of [[Aker AS]]. He joined the former state telecom monopoly [[Telenor]] in 1989 (name change to Telenor in [[1994]]). Baksaas held several management positions in the group, including CFO, before becoming CEO in 2002 after [[Tormod Hermansen]].<ref>https://www.telenor.com/media/newsroom/archive/jon-fredrik-baksaas-the-new-ceo-of-telenor/</ref><ref>https://klassekampen.no/artikkel/2005-04-08/ap-mister-grepet</ref>
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Under the leadership of Baksaas, Telenor expanded abroad today a global telecommunications company with operations in 12 countries. The company is primarily seeking a majority position in mobile companies with a focus on [[Europe]] and [[Asia]]. Baksaas was the lead architect behind the introduction of Telenor in [[India]], by acquiring the majority position in the company Unitech Wireless. During Baksaas' seven years as CEO, Telenor went from NOK 49 billion to NOK 98 billion in revenue, and from - NOK 320 million to + NOK 13.3 billion in profit.<ref> Joramo, Arne: Telenorge, et tidsbilde 1990-2015. Oslo, 2010, side 77.</ref> The company primarily sought majority ownership in mobile companies focusing on [[Europe]] and [[Asia]], and made this possible by selling ownership positions in [[Germany]], [[Greece]] and [[Ireland]]. In a period of fierce licensing battles over [[3G]] frequencies in Europe, Telenor under Hermansen and Baksaas' leadership chose to focus on the mobile markets in Eastern Europe and Asia instead. Baksaas was a principal architect behind Telenor's introduction in [[India]], through the acquisition of the majority position in the company Unitech Wireless.
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Baksaas resigned from Telenor after it became known that he had acted as one of the primary actors in a [[bribery]] and corruption scandal at [[VimpelCom]] (where he was a director), in connection with the purchase of wireless licenses in Uzbekistan.<ref>[http://www.tnp.no/norway/economy/5139-baksaas-resigns-from-all-telenor-boards Baksaas resigns from all Telenor boards]</ref>
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Since retiring from Telenor, Baksaas is Chairman of the Board at Statnett SA (electricity transmission systems operator in Norway); Chairman of the Board at DNV (global classification society); Board Member at [[Ericsson]]; and Board Member at [[Svenska Handelsbanken]].<ref>https://pratexo.com/member/jon-fredrik-baksaas/</ref>
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==References==
 
==References==
 
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Latest revision as of 03:45, 26 May 2024

Person.png Jon Fredrik Baksaas  Rdf-entity.pngRdf-icon.png
(businessman)
Jon Fredrik Baksaas.jpg
Born21. November 1954
NationalityNorwegian
Alma materNorwegian School of Economics and Business Administration, International Institute for Management Development
Resigned as CEO of Telenor after corruption exposed. Bilderberg/2009

Employment.png Telenor/CEO

In office
June 2002 - August 2015

Jon Fredrik Baksaas is a Norwegian business executive who was president and CEO of Telenor from 2002 to 2015. He attended the 2009 Bilderberg meeting.

Baksaas resigned from Telenor after it became known that he had acted as one of the primary actors in a bribery and corruption scandal at VimpelCom (where he was a director), in connection with the purchase of wireless licenses in Uzbekistan.[1][2][3]

Education

Baksaas was educated at the Norwegian School of Economics and the International Institute for Management Development in Lausanne. After completing his education as a business economist (1979), he joined the industrial and offshore division of international accredited registrar DNV, where he held several management functions until 1985. In the period 1985-1988 he held senior positions in Stolt Nielsen Seaway AS, and in 1988-1989 he was CFO of Aker AS. He joined the former state telecom monopoly Telenor in 1989 (name change to Telenor in 1994). Baksaas held several management positions in the group, including CFO, before becoming CEO in 2002 after Tormod Hermansen.[4][5]

Under the leadership of Baksaas, Telenor expanded abroad today a global telecommunications company with operations in 12 countries. The company is primarily seeking a majority position in mobile companies with a focus on Europe and Asia. Baksaas was the lead architect behind the introduction of Telenor in India, by acquiring the majority position in the company Unitech Wireless. During Baksaas' seven years as CEO, Telenor went from NOK 49 billion to NOK 98 billion in revenue, and from - NOK 320 million to + NOK 13.3 billion in profit.[6] The company primarily sought majority ownership in mobile companies focusing on Europe and Asia, and made this possible by selling ownership positions in Germany, Greece and Ireland. In a period of fierce licensing battles over 3G frequencies in Europe, Telenor under Hermansen and Baksaas' leadership chose to focus on the mobile markets in Eastern Europe and Asia instead. Baksaas was a principal architect behind Telenor's introduction in India, through the acquisition of the majority position in the company Unitech Wireless.

Baksaas resigned from Telenor after it became known that he had acted as one of the primary actors in a bribery and corruption scandal at VimpelCom (where he was a director), in connection with the purchase of wireless licenses in Uzbekistan.[7]

Since retiring from Telenor, Baksaas is Chairman of the Board at Statnett SA (electricity transmission systems operator in Norway); Chairman of the Board at DNV (global classification society); Board Member at Ericsson; and Board Member at Svenska Handelsbanken.[8]


 

Events Participated in

EventStartEndLocation(s)Description
Bilderberg/200914 May 200917 May 2009Greece
Vouliagmeni		The 57th Bilderberg
WEF/Annual Meeting/201126 January 201130 January 2011World Economic Forum
Switzerland		2229 guests in Davos, with the theme: "Shared Norms for the New Reality".
WEF/Annual Meeting/201225 January 201229 January 2012Switzerland2113 guests in Davos
WEF/Annual Meeting/201323 January 201327 January 2013World Economic Forum
Switzerland		2500 mostly unelected leaders met to discuss "leading through adversity"
WEF/Annual Meeting/201422 January 201425 January 2014World Economic Forum
Switzerland		2604 guests in Davos considered "Reshaping The World"
WEF/Annual Meeting/201620 January 201623 January 2016World Economic Forum
Switzerland		Attended by over 2500 people, both leaders and followers, who were explained how the Fourth Industrial Revolution would changed everything, including being a "revolution of values".
Many thanks to our Patrons who cover ~2/3 of our hosting bill. Please join them if you can.


References

  1. ↑ Baksaas resigns from all Telenor boards
  2. ↑ https://www.newsinenglish.no/2015/11/09/telenors-ex-ceo-loses-job-bonus/
  3. ↑ https://www.newsinenglish.no/2015/11/09/telenors-ex-ceo-loses-job-bonus/
  4. ↑ https://www.telenor.com/media/newsroom/archive/jon-fredrik-baksaas-the-new-ceo-of-telenor/
  5. ↑ https://klassekampen.no/artikkel/2005-04-08/ap-mister-grepet
  6. ↑ Joramo, Arne: Telenorge, et tidsbilde 1990-2015. Oslo, 2010, side 77.
  7. ↑ Baksaas resigns from all Telenor boards
  8. ↑ https://pratexo.com/member/jon-fredrik-baksaas/
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