Maxis has announced that its CEO, Morten Lundal, will be leaving the company at the end of his contract. No official reason was provided, and the company will reveal a successor in due course.
Lundal, 52, joined Maxis as CEO back in October 2013, bringing over 16 years of experience in the telecommunications industry onboard. He was previously CEO of Digi, before joining Vodafone in various global positions within the company. Lundal’s contract with Maxis ends on 31 March 2018.
The following is Maxis’ statement in full:
Maxis CEO will be leaving upon contract expiry
For immediate release
Kuala Lumpur, 3 November 2017
Maxis Berhad announced today that Morten Lundal, CEO of Maxis Berhad will be leaving the Company upon the expiry of his contract on 31 March 2018. The Board will announce his successor in due course. The Board wishes to thank Morten for his valuable contributions and services to the Company. The Company’s announcement to Bursa Securities dated 3 November 2017 refers.
(Source: Bursa Malaysia)