Löseth, a Norwegian, was introduced to the media at a press conference on Monday. He is currently the CEO of Dutch power company Nuon Energy, in which the Swedish energy giant holds a 49-percent stake. He was asked what attracted him to the job " I think that it is a combination of the politics and commercialism which is exciting. Sometimes maybe too exciting! "
Working parallel with the current ceo Lars Josefsson over the next few months, the Norwegian said " I have a vision that the Swedish people, the owners, shall be proud of the company."
Lars Josefsson was a controversial figure at Vattenfall, inviting criticism over the company's investment in coal-fired power stations in Germany and safety issues at its nuclear power plants in Germany and Sweden. Then last week came media reports that the company was planning to sell off part of Sweden's electricity grid in order to invest in the building of nuclear power stations in Great Britain. The company then said that it wouldn't be selling off its electricity grid, but the damage had been done.