Changes in Saab’s organisation and the Group Management
ET | Source:SAAB AB
Defence and security company Saab today announces changes to its business area
structure. The adjustments further develop and strengthen Saab’s organisation in
accordance with its overall business strategy. At the same time changes are
being made within the Group Management, which mark a shift in generations. All
changes will be effective from 1 January 2015.
A new business area:
To create a stronger and more aligned platform for Saab business units that have
a business-to-business focus, a new business area, Industrial Products and
Services is being established. Industrial Products and Services will contain
business unit Aerostructures (today part of Business Area Aeronautics), business
unit Avionics (today part of Business Area Electronic Defense Systems),
independent technical consultancy company Combitech, and the Saab Ventures
portfolio (currently part of Saab Corporate).
The business units in Industrial Products and Services differ from other
operations within Saab because their focus is on business-to-business customers,
or they operate independently from Saab’s main end-user sales. Other Saab
business areas typically work with government or national authority end-users.
This altered customer focus creates distinct management needs and priorities
when it comes to strengthening business in the long-term. These needs and
priorities will be better supported in the new organisation and Industrial
Products and Services will develop individual growth strategies for each of its
Changes in the Group Management:
Deputy CEO and Head of Aeronautics Lennart Sindahl becomes full-time Deputy CEO.
Ulf Nilsson, today Head of Gripen within Business Area Aeronautics, becomes the
new Head of Business Area Aeronautics and a member of the Group Management.
The current Chief Strategy Officer, Dan Jangblad, becomes Head of new Business
Area Industrial Products and Services and will remain a member of the Group
Jonas Hjelm, today Head of Market Area Americas, becomes new Head of Business
Area Support & Services and a member of the Group Management. He will replace
Lars-Erik Wige, who becomes Senior Advisor to the CEO and will leave the Group
Head of Group Communication Åsa Thegström becomes a member of the Group
Replacements for the Chief Strategy Officer and Head of Market Area Americas
will be recruited.
For further information, please contact:
Saab Press Centre, +46 (0)734 180 018, firstname.lastname@example.org
Saab serves the global market with world-leading products, services and
solutions ranging from military defence to civil security. Saab has operations
and employees on all continents and constantly develops, adopts and improves new
technology to meet customers’ changing needs.
The information is that which Saab AB is required to declare by the Securities
Business Act and/or the Financial instruments Trading Act. The information was
submitted for publication on 3 September 2014 at 08.00.
GlobeNewswire, a Nasdaq company, is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.