Financial Times FT.com

Vattenfall prepares to name new chief

By Andrew Ward in Stockholm

Published: November 15 2009 23:20 | Last updated: November 15 2009 23:20

Vattenfall, the Swedish power group, is close to naming a new chief executive to succeed Lars Josefsson after the state-owned utility came under fire from the government over a series of controversies.

The group said Mr Josefsson would retire next year after a decade in charge of Europe’s fifth-biggest electricity producer.

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