Saab CEO Jan Ake Jonsson is to retire from the company on 19 May, Saab’s parent firm Spyker has revealed.
Saab chairman Victor Mueller will take over as temporary CEO while a replacement is found, with Jonsson agreeing to assist the firm and his successor in the changeover period until 1 September.
Jonsson said the last three years, which has seen Saab threatened with closure by former owner General Motors, suffer several failed takeover attempts and finally be taken over by Spyker last year, has been “very demanding and force me to concentrate on one thing only – work”.
“Now it is time for me to also spend some time on other things that had to stand back for my duties to Saab,” he added.
Jonsson, 59, first joined Saab back in 1973 and has held several key roles at the firm since then. Saab communications chief Eric Geers told Auto News that Jonsson had become a "symbol for not giving up, not only for Saab but for Sweden as well”.