Presently, Klas Balkow is President & Chief Executive Officer at Axfood AB. Mr. Balkow is also on the board of Svenskt Näringsliv, Inflight Service Europe AB, Svensk Handel AB and Svensk Dagligvaruhandel. In the past Mr. Balkow occupied the position of Managing Director at AxImage AB and President, CEO & Independent Director at Clas Ohlson AB and Chief Executive Officer of Clas Ohlson Oy (a subsidiary of Clas Ohlson AB).