Proposed changes to the Board of Scania
Proposed changes to the Board of Scania Two new members have been proposed for election to the Board of Scania at the Annual General Meeting on 28 April 1999. The two new proposed Board members are Cees J. A. van Lede and Björn Svedberg. They have been proposed by share- holders who together represent more than 50 per cent of the voting rights in the company. Regular members Anders Scharp, Peggy Bruzelius, Clas Åke Hedström, Mauritz Sahlin, Rolf Stomberg, Marcus Wallenberg and Leif Östling have been proposed for re-election. Claes von Post is resigning from the board. Regular auditors Caj Nackstad and Gunnar Widhagen and deputy auditors Tomas Thiel and Björn Fernström have also been proposed for re-election. Cees J. A. van Lede was born in 1942. He has held the position of President and CEO and Chairman of the Board of Akzo Nobel N.V. since 1994. Between 1991 and 1994, he was a member of the Board of UNICE (the Union of Industrial and Employer's Confederations of Europe). From 1984 to 1991, he was Chairman of the Federation of Netherlands Industries. Björn Svedberg was born in 1937. He is currently a member of the boards of Gambro, Investor, Saab and Saga Petroleum. He is also Chairman of the Board of the Chalmers University of Technology, President of the Royal Swedish Academy of the Engineering Sciences, a member of the Morgan Stanley European Advisory Board and a member of the Council of Det Norske Veritas. From 1992 to 1997, Björn Svedberg served as President and CEO of SE-Banken. He was President and CEO of the telecom company Ericsson between 1977 and 1990, when he was appointed Chairman of the Board, a position he held until 1998. Scania's press release and photographs of Cees J. A. van Lede and Björn Sved- berg can be found on the Internet www.scania.com under Media Services. For further information please contact Louise Jarn Melander, Senior Vice President Corporate Communications on telephone no. +46 8 553 81212. Scania is one of the world's leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. With 23,500 employees and production facilities in Europe and Latin America, Scania is one of the most profitable companies in its sector. In 1998, turnover totalled SEK 45,300 million and income after financial items SEK 3,200 million. Scania products are marketed in about 100 countries worldwide and approximately 96 percent of total production is sold outside Sweden. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/03/23/19990323BIT00260/bit0001.doc http://www.bit.se/bitonline/1999/03/23/19990323BIT00260/bit0002.pdf