New chief for Scania AB

There's been a changing of the guard at Scania AB, with Christian Levin to become the Swedish manufacturer's CEO and President from May 1, 2021, following the resignation of Henrik Henriksson.

Henriksson is leaving Scania after 23 years, the last five of which he's served as CEO, to join H2 Green Steel, a Swedish-based concern that is aiming to produce fossil-free steel by 2024 through the use of hydrogen.

"It was a very difficult decision for me to take, to leave Scania, a company which I have spent my entire professional career with and that I see as family," said Henriksson.

"I have had a fantastic journey at Scania and I feel proud of what we have achieved. I also feel confident that Scania is well positioned for the future, with a clear purpose to drive the shift towards sustainable transport."

Henriksson has been a driving force behind Scania's push towards sustainable transport, guiding the company not only towards a carbon-free future but also exploring many power source alternatives and technologies as interim steps on that journey.

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Mr Levin is currently the Chief Operating Officer for TRATON Group, Scania's parent company, and also a member of its executive board. He will retain the latter role after taking on his new appointment at Scania.

Holding a Master of Science in Mechanical Engineering, Mr Levin joined Scania in 1994 as a management trainee. He was Scania's Executive Vice President and Head of Sales and Marketing before joining TRATON in 2019.

"It is a very special honour for me to become CEO of Scania, the company that had such a tremendous influence on my life and career," he said.

"With the passionate global team at Scania, I will work hard to further drive the shift towards a sustainable transport system. As a strong brand of the TRATON Group, we will continue Henrik's successful work and create a world of mobility that is better for business, society and the environment."

Matthias Gründler, CEO of TRATON SE and Chairman of the Board of Directors of Scania, said Scania's future was in safe hands.

"We regret that Henrik Henriksson is leaving Scania and the TRATON family, but we are also proud that he will take on such a great new challenge, a perfect match for his unique expertise as a sustainability leader," he said.

"Our industry will also benefit greatly from fossil-free steel, and TRATON will follow this venture with interest.

"Fortunately, we could not ask for a better-suited successor than Christian Levin. His experience and knowledge of both the industry and Scania is a perfect fit and will safeguard Scania's commitment to sustainability and boost its transformation journey."