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30 November 2000 10:31 CET

Scania appoints new Chief Financial Officer

Jan Gurander has been appointed Chief Financial Officer (CFO) of Scania. He will succeed to the post during the second quarter of 2001, at which time he will also join the company’s Executive Board.

Jan Gurander, 39, who is currently head of the Finance business unit of the Volvo Group, held a similar position at Scania until 31 December 1999.

He will succeed Arne Karlsson, Executive Vice President, Finance and Business Control, who is to retire on pension next year.

For further information, please contact Ulf Söderström, Corporate Communications, telephone +46-8-5538 1044.

Scania is one of the world's leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. With 25,800 employees and production facilities in Europe and Latin America, Scania is one of the most profitable companies in its sector. In 1999, turnover totalled SEK 47,100 million and the result after net interest income/expense was SEK 4,500 million. Scania products are marketed in about 100 countries worldwide and some 95 percent of Scania’s vehicles are sold outside Sweden.