New Chief Financial Officer and Executive Vice President appointed to Sandvik Group
September 06 2013 - 7:10AM
Business Wire
Regulatory News:
Mats Backman has been appointed Executive Vice President and CFO
of Sandvik and member of the Group Executive Management, effective
1 October, 2013.
Mats Backman is currently Vice President Finance, IT and
Business Development for the business area Sandvik Machining
Solutions. He has held leading positions at Sandvik since 2007 and
previously held leading positions with Outokumpu, Nordea and
Boliden.
"Mats Backman has extensive experience from relevant industries
and companies. With this strong background and experience base, he
is a highly suitable person to continue the work to take our
finance function forward. He will also take a leading role in
driving the further progress of the Sandvik Group in general”, says
Olof Faxander, President and CEO of Sandvik.
Mats Backman will succeed Emil Nilsson, who has decided to
pursue other opportunities outside Sandvik.
“I would like to thank Emil Nilsson for his valuable
contributions as CFO and for initiating further improvements within
our global finance processes. I wish him all the best in his future
career”, says Olof Faxander.
Stockholm, 6 September 2013
Sandvik AB
Sandvik AB discloses the information provided herein pursuant to
the Securities Markets Act and/or the Financial Instruments Trading
Act. The information was submitted for publication at 13.00 CET on
6 September, 2013.
The Sandvik Group
Sandvik is a global industrial group with advanced products and
world-leading positions in selected areas – tools for metal
cutting, equipment and tools for the mining and construction
industries, stainless materials, special alloys, metallic and
ceramic resistance materials as well as process systems. In 2012
the Group had about 49,000 employees and representation in 130
countries.
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