Scania’s CFO has decided to leave the company

Jan Gurander, Chief Financial Officer (CFO) of Scania has decided to leave his position within the group.

Jan Gurander was employed by Scania in 1995 as head of Treasury. He was recruited from a similar position with Investor AB. In 1998, he was appointed Finance director at Scania. In 2000 he left Scania for the position as CEO & President of Business Unit Finance within Volvo where he stayed for a year. In 2001 he was appointed CFO and member of the Executive Board of Scania. “Jan Gurander has contributed to the positive development of Scania for many years. Therefore, I can only regret that he has now decided to leave the company”, says Leif Östling, President and CEO. Contact: Cecilia Edström, Corporate Relations tel. +46 8 5538 3557. Scania is one of the world’s leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. A growing proportion of the company’s operations consists of products and services in the financial and service sectors, assuring Scania customers of cost-effective transport solutions and maximum uptime. Employing 30,000 people, Scania operates in about 100 countries. Research and development activities are concentrated in Sweden, while production takes place in Europe and South America, with facilities for global interchange of both components and complete vehicles. In 2005, revenue totalled SEK 63.3 billion and net income amounted to SEK 4.7 billion. Scania press releases are available on the Internet, www.scania.com