On October 28, 1996, Michael Treschow receives the title of Honorary M.B.A. for his work at Atlas Copco, having served as the company’s president since 1991. Treschow is President of the Swedish Trade Council, a member of the Board of Directors of America’s Parker Hannifin Corporation, a member of the Executive Board of the Center for Business and Policy Studies, and Vice President of the Board of Directors of Saab Automobile.