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02 June 2012 13:23 CET

Martin Lundstedt appointed CEO of Scania

The Board of Directors of Scania has appointed Martin Lundstedt new President and Chief Executive Officer of Scania AB. He takes up his new position on 1 September 2012 and succeeds Leif Östling, who has been appointed member of the Board of Management of Volkswagen AG. Changes will also be made in Scania’s Executive Board on the same date.

Martin Lundstedt, born in 1967, has a Master of Science and is currently Executive Vice President and Head of Franchise and Factory Sales, Scania. He joined the company in 1992 and has held various senior positions including head of Scania’s industrial operations in France from 2001 to 2005 and Senior Vice President, Trucks until 2007, when he assumed his current position.

In the Executive Board of Scania, in addition to Martin Lundstedt, Jan Ytterberg, Chief Financial Officer, and Christian Levin, Head of Sales and Services Management, remain in their current positions. Per Hallberg, currently Head of Research and Development, Purchasing, has been appointed Head of Production and Logistics. In his new position, he succeeds Anders Nielsen, who has been appointed Chief Executive Officer of MAN Truck & Bus AG.

New member of the Executive Board and Head of Research & Development, succeeding Per Hallberg, will be Dr. Harald Ludanek, born in 1958. Harald Ludanek has a Doctorate in Engineering and is currently Head of Vehicle Development at Volkswagen AG.

Henrik Henriksson, born in 1970, has been appointed new member of the Executive Board and Head of Franchise and Factory Sales, succeeding Martin Lundstedt. Henrik Henriksson has a Bachelor of Science and is currently Senior Vice President, Trucks, Scania.

In a new position on the Executive Board, Andrea Fuder, born in 1967, has been appointed Head of Purchasing. Andrea Fuder has a Master of Science and Business Administration and is currently Head of Group Purchasing Interior at Volkswagen AG.

In an additional new position on the Executive Board, Kent Conradson has been appointed Head of Human Resources. Born in 1958, he has a Bachelor of Science and is currently Senior Vice President, Human Resources Support, Scania.

For further information, please contact Erik Ljungberg, Senior Vice President Corporate Relations, tel. +46 73 988 35 57.

Scania is one of the world’s leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. Service-related products account for a growing proportion of the company’s operations, assuring Scania customers of cost-effective transport solutions and maximum uptime. Scania also offers financial services. Employing some 37,500 people, the company operates in about 100 countries. Research and development activities are concentrated in Sweden, while production takes place in Europe and South America, with facilities for global interchange of both components and complete vehicles. In 2011, net sales totalled SEK 87.7 billion and net income amounted to SEK 9.4 billion. Scania press releases are available on www.scania.com