Vattenfall: New CEO named within weeks
Peter Vinthagen Simpson · 13 Nov 2009, 14:10
Published: 13 Nov 2009 11:18 GMT+01:00
Updated: 13 Nov 2009 14:10 GMT+01:00
- Pressure mounts on Vattenfall CEO (13 Nov 09)
- Vattenfall to sell Swedish power grid: report (11 Nov 09)
"It won't be today, but within a couple of weeks," confirmed Vattenfall chairperson Lars Westerberg to the TT news agency.
Olofsson had revealed at a press conference earlier on Friday that the process to recruit Josefsson's successor had begun began some time ago.
"We need to have a new CEO who can live up to the goals we have for Vattenfall, concerning the shift to green technologies and results. We need stability at Vattenfall," she said according to the Dagens Nyheter newspaper.
"The Vattenfall brand is badly damaged now, but some of the information that has come out has not been correct," Olofsson said, adding that Vattenfall has for example no plans to sell the electricity grid.
Lars G Josefsson is scheduled to retire next autumn and so the work to reform Vattenfall and restore its image will be undertaken by another CEO, Olofsson pointed out.