The resignation of  Scania CEO, Henrik Henriksson, has seen the company’s board appoint Christian Levin as the new head of the Swedish truck maker, effective 1st May.

In a statement from the company it announced that Henriksson is leaving to head up a new ‘green’ steel company.

Christian Levin is currently a member of the executive board of Scania’s parent company, Traton, is the COO of the Traton Group and has worked with Scania  for  20 years. Levin will remain a member of the executive board of Traton SE.

Henrik Henriksson, is leaving Scania after 23 years with the company and has been the CEO  for more than five years. He is leaving to join H2 Green Steel, a new venture thataims to produce of fossil-free steel by 2024. He will remain at Scania until Levin takes up the CEO position.

“We regret that Henrik Henriksson is leaving Scania and the Traton family, but we are also proudthat he will take on such a great new challenge, a perfect match for his unique expertise as asustainability leader,” said CEO of Traton and chair of the Scania board, Matthias Gründler.

“Our industry will also benefit greatly from fossil-free steel, and Traton will follow this venture withinterest. Fortunately, we could not ask for a better-suited successor than Christian Levin. His experience and knowledge of both the industry and Scania is a perfect fit and will safeguard Scania’s commitment to sustainability and boost its transformation journey,” Gründler added.

Christian Levin joined Traton in 2019, but began his career at Scania in 1994 as a management trainee and has held several managerial positions since then.

According to Scania, Levin has broad international professional experience and holds a master of science in mechanical engineering from the Royal Institute of Technology in Stockholm and wasexecutive vice president and head of sales and marketing at Scania before joining Traton.

“It is a very special honour for me to become CEO of Scania, the company that had such atremendous influence on my life and career,” said Levin.

“With the passionate global team at Scania, I will work hard to further drive the shift towards asustainable transport system,” he added.

“As a strong brand of Traton, we will continue Henrik’s successful work and create a world ofmobility that is better for business, society and the environment”, Levin said.

Henrik Henriksson said it was a very difficult decision for him to take, to leave Scania.

“It is a company which I have spent my entire professional career with and that I see as family. I have had afantastic journey at Scania and I feel proud of what we have achieved. I also feel confident that Scania is well positioned for the future, with a clear purpose to drive,” Henriksson     concluded.