"After ten intense and stimulating years at SAS, it is time for the first half of 2021 to pass on the baton, as I have been offered a position in one of Sweden's leading industrial groups," says Rickard Gustafson according to the press release.

Chairman Carsten Dilling thanks Rickard Gustafson for his job, but is at the same time open that he wishes it looked different.

I am both disappointed and sad that Rickard chooses to move on from his important role in SAS. ”

Modern leadership

He will instead take over as CEO of the ball bearing giant SKF in Gothenburg.

This is announced by the company in a press release from the company.

"Rickard Gustafson's strong and modern leadership, broad international experience and energy make him the right person to lead the continued implementation of SKF's strategy and take SKF to the next level of profitable growth and development," says Hans Stråberg, Chairman of AB SKF, in the press release .

Hard pressure

In December, the company, which was under constant pressure during the corona pandemic, reported a loss of SEK 3,043 million for the fourth quarter.

This can be compared with the profit of SEK 1,226 million in the same period last year.

At the same time, sales fell to SEK 3,035 million, compared with SEK 13,435 million.

Rickard Gustafson then wrote that 2020/21 "will most likely be loss-making".