TAKING a final bow while the audience is still applauding must surely mark the success of any performance - and Equinor chief executive Eldar Saetre appears to have timed his exit from the company to perfection. Top-level departures from the Norwegian state-controlled giant have historically not been without drama, as some of Saetre's forerunners have fallen on the sword following project cost overruns and, most notably, the Iran corruption scandal that sealed the fate of earlier incumbent Olav Fjell in 2003. Saetre's decision to retire after six years in the hot seat - and more than 40 years of service at the company - comes as Equinor is facing a parliamentary inquiry into massive losses of nearly $20 billion from its US operations over the past 20 years that came to light earlier this year.
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