Kay Kratky proposed as new Board member of SAS AB
On 6 February 2019, SAS AB published its notice convening the Annual General Meeting (AGM) to take place on 13 March 2019. In the notice the Nomination Committee nominated the seven current Board members to the Board of Directors.
After the notice convening the AGM, the Nomination Committee continued its search for an additional Board member and has in this process looked for a person with experience from the airline industry. The Nomination Committee has now therefore decided to propose Kay Kratky, born 1958, as new Board member of SAS AB.
Kay Kratky is currently a member of the executive board of the Austrian Aviation Association, president of the Aviation Initiative for Renewable Energy in Germany e.V. and chairman of the advisory board of Caphenia GmbH, a company producing CO2 reduced fuels. After studying mechanical engineering in Technische Hochschule Darmstadt, he started his career at Lufthansa as first officer and subsequently captain. Kay Kratky held a number of leading positions during his years with the Lufthansa Group including the role as Chief Operating Officer. Between 2015 and 2018 Kay Kratky served as Chief Executive Officer of Austrian Airlines.
For further information:
SAS press contact +46 8 797 29 44
Michel Fischier, Investor Relations, +46 70 997 06 73
This information is information that SAS AB is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 12.00 CET on 1 March 2019.