SAS finance chief to step down as airline strives to transform operation

SAS’s CFO, Magnus Ornberg, is to step down from his position in the next few weeks. Ornberg has chosen to leave the airline in spring, says SAS. He has held the post for less than two years, having joined in autumn 2020, after being recruited from the top financial role at Swedish defence and security firm Saab. “It has not been an easy decision to leave such a stimulating environment, and an absolutely fantastic team,” says Ornberg. SAS says it has started the “prompt recruitment” of a successor. CE Anko van der Werff says Ornberg has made “great efforts” during his time at the company and accepts his decision to leave with “regret”. Ornberg has not indicated where he might be heading. But he leaves the airline at a crucial point in its development. The carrier remains under financial pressure following the impact of the pandemic, and it has embarked on a transformation plan – known as ‘SAS Forward’ – to secure its long-term competitiveness.<br/>