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The President and CEO of SAS Group, Jörgen
Lindegaard, has informed the Board of Directors that he intends to leave SAS in the autumn of
2006. He has headed SAS since May 2001. No successor has been appointed as yet.
"These have been five years dominated by major changes,"
said Jörgen Lindegaard.
"The September 11 disaster occurred shortly after I joined SAS and it had a strong impact on travel. During these years, low-price competition has
also had its real breakthrough. The first steps of the necessary savings and transformation work have now been completed.
"I want to thank all SAS employees for these years. I feel that the time is right for a new CEO to take over. For my part, I would like to take on a
further challenge," added Lindegaard.
Jörgen Lindegaard has a period of notice of six months. The Board has commenced the task of recruiting a new president and CEO.
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