Statoil CEO turns down retirement
![Photo: PR-foto: Harald Pettersen](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article8163320.ece/ALTERNATES/schema-16_9/Eldar%2520S%25C3%25A6tre,%2520acting%2520president%2520and%2520CEO%2520statoil%2520-%2520Photo%2520Harald%2520Pettersen%2520-%2520Statoil%25203x5.jpg)
When Eldar Sætre was appointed group CEO of Statoil three years ago, many thought he would merely serve as the head of the company for a transitional period. Nearing the age of 60, he was much older than the departing CEO, Helge Lund, who stepped down at the age of 51 after serving 10 years in the top job.
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