Sandvik Appoints New Chief Financial Officer and Member of the Group Executive Management
January 22 2016 - 2:18AM
Business Wire
Regulatory News:
Sandvik (STO:SAND)
Tomas Eliasson has been appointed Executive Vice President and
CFO of Sandvik and member of the Group Executive Management,
effective no later than July 2016.
Tomas Eliasson, 53 years of age, is currently Chief Financial
Officer for the global household appliance maker Electrolux, a
position he has held since 2012. Previously, he was CFO for ASSA
ABLOY during 2006-2012 and Seco Tools between 2002-2006. His
professional career started at ABB in 1987. He holds a bachelor of
science in business administration and economics from Uppsala
University, Sweden.
"Tomas Eliasson has extensive experience from relevant
industries and companies. He will be a strong contributor to
Sandvik in the finance areas and he will also take a leading role
in driving the further progress of the Sandvik Group in general",
says Bj�rn Rosengren, President and CEO of Sandvik.
Tomas Eliasson will succeed Mats Backman, who, as announced 25
November 2015, will join Autoliv.
"I would like to thank Mats Backman for his valuable
contributions as CFO. I wish him all the best in his future
career", says Bj�rn Rosengren.
Stockholm, 22 January, 2016
Sandvik AB
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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 Communicationstel
+46 70 616 2024orAnn-Sofie Nordh, Vice President Investor
Relationstel +46 8 456 1494.
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