Nils-Johan Andersson appointed as new Saab CFO and Vice President

Article by Christian Andrei, on February 17, 2011

Saab Automobile AB has named Nils-Johan Andersson as Vice President and Chief Financial Officer. Andersson will be reporting directly to Saab Automobile President and Chief Executive Jan Ake Jonsson and will be based at the carmaker’s headquarters in Trollhattan.

Andersson will be taking over from Karl G. Lindstrom, who had served as interim CFO prior to Andersson’s appointment. He offers over 20 years of experience in corporate finance, financial planning, accounting and executive management.

Jonsson, who announced the appointment, welcomed Andersson to Saab Automobile’s senior management team, adding that his experience and skills will be great assets to the carmaker as it continues to establish itself as a successful independent company.

Prior to Saab, Andersson was with Lindab Group, a Swedish company that provides products and systems for the construction industry. His stint as a CFO at Lindab allowed Andersson to amass work experience in a public company, which should help Saab Automobile since it was acquired by Amsterdam-listed Spyker Cars N.V. of the Netherlands. His credentials at Lindab included having headed a major review of its cost structure, resulting to higher efficiency and improved profitability.

Press Release

Saab Appoints New Chief Financial Officer

Saab Automobile today announced the appointment of Nils-Johan Andersson as Vice President Saab Automobile AB and Chief Financial Officer (CFO). Andersson will join Saab Automobile from Lindab Group, a Swedish company providing products and systems for the construction industry, and brings over 20 years of experience in corporate finance, financial planning, accounting and executive management. Andersson will be based at Saab Automobile's headquarters in Trollhattan, where he will report directly to Saab Automobile CEO and President Jan Ake Jonsson.

Announcing the appointment, Jonsson said: "I am delighted to welcome Nils-Johan to our senior management team. His experience and skills will be great assets to Saab Automobile as we continue to establish ourselves as a successful independent company."

During his tenure at Lindab, where he also served as CFO, Andersson built up extensive experience in working for a public company, which is vital to Saab Automobile ever since it was bought by Amsterdam-listed Spyker Cars N.V. of the Netherlands. At Lindab, Andersson oversaw a major review of the company's cost structure which increased efficiency and improved profitability.

Andersson, 48, takes over from Karl G Lindstrom, who served as interim CFO until now. "We wish Karl all the best and thank him for his contributions during his time with Saab Automobile," said Jonsson.

Topics: saab

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