Jan Åke Jonsson will retire from his position as President and CEO of Saab Automobile AB (Saab) effective 19 May, 2011. The search for a successor is currently underway and Jonsson has agreed to assist Saab’s Management with a smooth transition to his successor by remaining available until 1 September 2011. Victor Muller will assume the role of President and CEO of Saab Automobile AB, in addition to his role as Chairman of the Board, until a successor to Jonsson is appointed. Jonsson played an instrumental role in the survival of the company as well as Saab’s transition into an independent car company.