The President and CEO of SAS, Mats Jansson, has
confirmed that he will leave SAS this fall after four years with
the company. The company's Board of Directors are now looking for
a suitable successor.
"Next year, I turn 60 and that is also when my
contract expires. I believe that I have done my share for SAS.
There are still great challenges to come for SAS, but the platform
is in place. The core SAS strategy, including extensive
cost-savings, has been established, the financial platform has
been secured through the latest rights issue, SAS has gained
strength in terms of our products, and customer satisfaction has
increased. The company is now well positioned to face the future," said Mats Jansson. "The time therefore feels right for
a new President and CEO to take over and continue to further
strengthen SAS' competitiveness and secure its profitable growth."
Chairman Fritz Schur, who heads the Board's
efforts to identify a successor to Mats Jansson, said, "During the past four years, Mats has worked exhaustively day
and night to lead SAS through a difficult period. His efforts have
been tremendous, both quantitatively and qualitatively. However,
during recent weeks I have understood that he has been
contemplating whether or not it would be the right decision for
himself, as well as the company, to remain onboard while SAS
enters the next phase. We are thus in the process of recruiting a
new President and CEO for SAS."
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