Lund exit 'creates uncertainty' at Statoil

The stock market reacted negatively to Helge Lund’s shock exit as Statoil chief executive on Wednesday amid analyst fears it will create uncertainty during a critical transition period for the Norwegian state-owned giant.

Taking the exit: outgoing Statoil chief Helge Lund
Taking the exit: outgoing Statoil chief Helge Lund
Published 15 October 2014, 10:00Updated 11 October 2016, 15:25
Europe