Create a free Manufacturing.net account to continue

Saab AB Fires Deputy CEO

Swedish aerospace and defense company chief executive says company has been unable to collaborate with deputy CEO Ingemar Andersson.

STOCKHOLM, Sweden (AP) — The chief executive of Swedish areospace and defense company Saab AB has dismissed deputy CEO Ingemar Andersson, saying they have been unable to work together well enough.
 
The company announced CEO Ake Svensson's decision Monday, but it was not clear when Andersson will leave his post. Saab said it has started looking for a successor.
 
''Ingemar and I have concluded that our collaboration is not functioning satisfactorily, so that the company can be taken forward effectively. I have therefore taken the decision that Ingemar will be leaving Saab,'' Svensson said in a statement.
 
Saab was not immediately available for additional comment.
More in Aerospace