Lars G. Josefsson

Lars G. Josefsson
CEO, Vattenfall AB, Sweden

Lars G Josefsson has been President and CEO of Vattenfall since August 2000. Under his leadership, Vattenfall has dynamically established itself as a northern European energy group, with a strong base also in Germany and Poland.
Before joining Vattenfall, he worked for Ericsson in a number of executive posts, including a four-year period in charge of operations in Austria. From 1997, he was President and CEO of Celsius, which he led up to the 1999/2000 turn of the year, when Celsius became part of the Saab Group.
After his secondary school studies in Ulricehamn, where he was born on 29 October 1950, Lars G Josefsson graduated in 1973 with a degree in technical physics from Chalmers Institute of Technology. After his National Service in the Signal Corps, he began his professional career in 1974 as systems engineer at the Defence Electronics Division of the then LM Ericsson where, after a number of executive posts, he was appointed President of Chemtronics in 1984.
At Ericsson Radio Systems, he was appointed head of the Radar Section in 1985, and in 1987, he took over as Vice President and head of Surface Sensor Division.
He founded his executive training by attending several courses at the Ericsson Management Institute. His education also includes a Program for Executive Development at IMD in Lausanne, Switzerland in 1986.
With this background, he was appointed President of Schrack Telecom AG in Vienna, Austria. The company was later renamed Ericsson Schrack AG (in 1994) and Ericsson Austria (in 1996).
In 1997, Lars G Josefsson was recruited for the post of President of Celsius AB, in which the Swedish State then had a 25 percent holding. On the shrinking defence market, a certain amount of restructuring took place, including the merger of the submarine and surface ship operations with the German HDW, the Bofors artillery operations were merged with the American United Defence, and a Nordic ammunition and explosives unit was formed. Finally, the Celsius Group was integrated into the Saab Group. After this merger, Lars G Josefsson was appointed President of Vattenfall AB.
In addition to his duties as CEO of Vattenfall, he is a member of the supervisory board of Böhler-Uddeholm AG of Vienna, Austria and of Eskom Holdings Ltd. of Johannesburg, South Africa. He is the holder of several patents in the field of radar technology, and has been a member of the Royal Swedish Military Academy since 1988 and the Royal Swedish Society of Naval Sciences since 1998.
Lars G Josefsson is married and has four children with his wife Gunni Josefsson – daughter Terese, and sons Magnus, Jesper and Peter. His leisure interests are tennis, skiing and hunting.