CFO Mats Backman to Leave Sandvik
November 25 2015 - 3:09AM
Business Wire
Regulatory News:
Mats Backman, Executive Vice President and Chief Financial
Officer, CFO, for Sandvik (STO:SAND) has decided to leave Sandvik
to assume the equivalent position as CFO for the automotive safety
supplier Autoliv. He assumes the position no later than 1 June
2016. The process to find a successor has been initiated.
- I’m grateful for Mats Backman’s contributions and the role
that he has played as a key member in the Group Executive
Management. At the same time I’m pleased that Mats will ensure a
successful transition to his successor. I wish Mats all the best in
his new position, says Bj�rn Rosengren, Sandvik’s President and
CEO.
Mats Backman has worked in Sandvik since 2007.
Stockholm, 25 November 2015
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 08.45 CET
on 25 November, 2015.
Sandvik Group
Sandvik is a high-tech and global engineering group offering
advanced products and services that enhance customer productivity,
profitability and safety. We hold 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 2014, the Group had about 47,000 employees
and sales of about 89 billion SEK in more than 150 countries.
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Sandvik ABPär Altan, Vice President External Communications+46
70 616 2024orAnn-Sofie Nordh, Vice President Investor Relations+46
76 767 0127.
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