For SAS, the loss of its CEO means the board will need to find someone willing to take on the gargantuan task of running the business in the middle of a pandemic that’s already delivered a body blow to air travel. Gustafson intends to have left the company by July 1 at the latest.
STOCKHOLM: SAS AB, Scandinavia’s main carrier, is parting ways with chief executive officer Rickard Gustafson, leaving it searching for a replacement at an historically difficult time for the airline industry.
The Stockholm-based company announced late on Monday that Gustafson was resigning after a decade at the helm. The 56-year-old will become CEO at Swedish industrial giant SKF AB.
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