Member of the Board of Directors since 1999. Born 1956.

M.Sc. in Economics and Business Administration, Stockholm School of Economics, Sweden and MBA, Massachusetts Institute of Technology, the United States.
 
Member of the Board of bearing manufacturer SKF AB, the mining company Boliden AB, the industrial company Alfa Laval AB, the construction company NCC AB and the hotel management company Rezidor Hotel Group, all based in Sweden. Work experience: President of W Capital Management AB, Sweden, and Managing Director and member of the Management Group, Investor AB, Sweden.
 
Ulla Litzén is independent both in relation to the company and major shareholders.

Holdings at year-end 2009: 75 800 Class A shares and 3 000 Class B shares.