Scandinavian airline group SAS names Rickard Gustafson as new CEO

Airline group SAS names Gustafson as new CEO

STOCKHOLM — Scandinavian airline group SAS AB says it has appointed Rickard Gustafson, currently chief of an insurance company, as its new president and chief executive.

The current CEO, Mats Jansson is leaving SAS on Oct. 1 and the airline says Gustafson will start at the latest in March next year. Until then, deputy CEO John Dueholm will be in charge of the company.

Gustafson, 46 years old, is currently the CEO of Scandinavian insurance group Codan Trygg-Hansa.

SAS board chairman Fritz Schur Thursday said Gustafson is a leader who has a “broad experience of strategy development, marketing and process optimization.”