New President and Chairman for SCA
Sverker Martin-Löf (58), President and CEO of SCA, will leave his
position in conjunction with the Annual General Meeting on 11 April
2002. Martin-Löf has been President of SCA since 1988.
Jan Åström (45), currently Executive Vice President and Deputy CEO, has
today been appointed successor by the Board of Directors. Åström will
assume his position in conjunction with the Annual General Meeting in
the spring. Åström was appointed to this position in the autumn of 2000
and had previously held various management positions in wholly or partly
owned companies within SCA since 1993.
The Board has announced that it intends to appoint Sverker Martin-Löf as
new Chairman of SCA succeeding Bo Rydin, who turns 70 in 2002 and will
leave the Board in conjunction with the Annual General Meeting.
The Nomination Committee, which has the task of presenting a proposal
for the structure of SCA's Board of Directors prior to the Annual
General Meeting, has announced that it supports the choice of Sverker
Martin-Löf as Chairman of the Board. The Committee includes Bo Rydin,
SCA, Curt Källströmer, Handelsbankens Pensionsstiftelser, Christer
Elmehagen, AMF Pension, Björn Lind, SEB Fonder, and Peter Rudman, Nordea
In addition, at its meeting, the Board decided to appoint Bo Rydin to
the position of Honorary Chairman when he leaves the Board. Rydin has
been a member of the SCA Board since 1972 and its Chairman since 1988.
Stockholm, 19 December 2001
SVENSKA CELLULOSA AKTIEBOLAGET SCA (publ)
Board of Directors
For further information, please contact:
Bo Rydin, Chairman, Tel: +46 8-666 64 00
Sverker Martin-Löf, President and CEO, Tel: +46 8-788 51 51
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