Johansson will take office on October 23.

- I look forward to continuing to work with the CEO in implementing Saab's strategy and improving profitability and cash flow. This is the basis for being able to continue investing in the rapid technology transition, developing collaborative projects with other companies and continuing Saab's internationalization, ”says Micael Johansson in the press release.

Håkan Buskhe will remain at Saab until February 2020, but will switch to a position as advisor when Micael Johansson takes over as President and CEO.