EVP and COO of SAS to Leave in May 2015

Flemming Jensen, Executive Vice President and COO of SAS, has confirmed that he will leave the company in May 2015 to assume the position of CEO for DSB A/S.

Flemming Jensen has been with SAS since 1989 when he joined as pilot. Since 2008, he has held a number of leading positions within SAS, of which the last three years as Executive Vice President and COO.

Rickard Gustafson, SAS President & CEO, said, "I have valued my collaboration with Flemming Jensen. Through his more than 25 years at SAS, he has made a great contribution to the business, and I am sorry that he has decided to leave SAS. Having said that, I have great respect for his decision and am pleased that we at SAS can deliver truly competent leaders for challenging CEO positions in other companies"

SAS has commenced the process to replace Flemming Jensen, who will continue as COO until May next year.

"This has not been an easy decision," said Flemming Jensen. "I'm extremely happy to be working for SAS, which is also the reason that I have been with the business for such a long time. SAS is a fascinating company with great people.
However, the opportunity to use my experience in a role as CEO to contribute to developing DSBs business, is a challenge I could not resist."