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Lindegaard lämnar SAS under hösten
Jörgen Lindegaard to leave SAS Group in the autumn
The President and CEO of SAS Group, Jörgen Lindegaard, today 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," says 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," says Lindegaard.
"The members of the Board regret that Jörgen Lindegaard has chosen to leave his
position," says Egil Myklebust, Chairman of SAS Group. "Jörgen has made an
outstanding contribution to our company. It is no exaggeration to say that he
has had one of the most difficult CEO positions in Scandinavia. He has laid a
stable foundation for the transformation with which we need to proceed.
"Jörgen Lindegaard has implemented both far-reaching action programs and
groundbreaking new activities. Naturally, it was impossible to do this without
resistance, and tough measures have sometimes been necessary. As the insight was
gained that air travel is subject to completely new market conditions, the
respect for Jörgen's open and direct management style has grown," says Egil
Myklebust.
Jörgen Lindegaard has a period of notice of six months. The Board has commenced
the task of recruiting a new president and CEO.
Invitation
A press conference with Jörgen Lindegaard and Chairman Egil Myklebust will be
held today, May 16, at 1:30 p.m., at the SAS Head Office, Frösundaviks Allé 1,
in Frösundavik, Solna.
For further information, please contact
Hans Ollongren, Senior Vice President, SAS Group, +46 8 797 1950
Bertil Ternert, Head of Information, SAS Group, +46 8 797 20 81
SAS Group Corporate Communications
Jörgen Lindegaard to leave SAS Group in the autumn
The President and CEO of SAS Group, Jörgen Lindegaard, today 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," says 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," says Lindegaard.
"The members of the Board regret that Jörgen Lindegaard has chosen to leave his
position," says Egil Myklebust, Chairman of SAS Group. "Jörgen has made an
outstanding contribution to our company. It is no exaggeration to say that he
has had one of the most difficult CEO positions in Scandinavia. He has laid a
stable foundation for the transformation with which we need to proceed.
"Jörgen Lindegaard has implemented both far-reaching action programs and
groundbreaking new activities. Naturally, it was impossible to do this without
resistance, and tough measures have sometimes been necessary. As the insight was
gained that air travel is subject to completely new market conditions, the
respect for Jörgen's open and direct management style has grown," says Egil
Myklebust.
Jörgen Lindegaard has a period of notice of six months. The Board has commenced
the task of recruiting a new president and CEO.
Invitation
A press conference with Jörgen Lindegaard and Chairman Egil Myklebust will be
held today, May 16, at 1:30 p.m., at the SAS Head Office, Frösundaviks Allé 1,
in Frösundavik, Solna.
For further information, please contact
Hans Ollongren, Senior Vice President, SAS Group, +46 8 797 1950
Bertil Ternert, Head of Information, SAS Group, +46 8 797 20 81
SAS Group Corporate Communications
