May 11, 2020 / 10:04 AM / 16 days ago

Finnish telecoms company Elisa's CEO to continue despite retirement clause

May 11 (Reuters) - Finnish telecoms operator Elisa on Monday said its board had agreed that Veli-Matti Mattila should continue as Chief Executive until further notice despite his contract allowing retirement at age 60.

Mattila, who has headed Elisa since 2003, turns 60 in July 2021.

Shares in Elisa rose on the news and were up 1.3% in early afternoon trading.

Reporting by Tarmo Virki in Tallinn Editing by David Goodman

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