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Mats Jansson to leave SAS this fall
The President and CEO of SAS, Mats Jansson, has decided to leave SAS
this fall after four years with the company. The company's Board of
Directors will now look 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,"
says 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," says Mats Jansson.
"My decision to leave the company was not easy. It has been four
exciting and demanding years to run a company in such a dynamic sector,
where no two days are the same. I have received strong support from the
Board, the management team and, in particular, from all the SAS
employees, who do a fantastic job and who have truly given their all to
SAS during this highly critical and financially difficult situation,"
says Mats Jansson.
Chairman Fritz Schur, who heads the Board's efforts to identify a
successor to Mats Jansson, comments:
"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."
SAS Group HR & Communication
For further information, please contact:
SAS Group media hot line +46 8 797 2944