Sandvik appoints new CFO
Published by Rebecca Bowden,
Assistant Editor
World Cement,
Tomas Eliasson has been appointed Executive Vice President and CFO of Sandvik and a member of the Group Executive Management, effective no later than July 2016.
"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 Björn Rosengren, President and CEO of Sandvik.
Timas is currently Chief Financial Officer for the global household appliance maker Electrolux, having held the position since 2012. He was previously CFO for ASSA ABLOY between 2006 – 2012, and Seco Tools between 2002 – 2006.
Tomas Eliasson will succeed Mats Backman, who, as announced on 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 Björn Rosengren.
Adapted from press release by Rebecca Bowden
Read the article online at: https://www.worldcement.com/europe-cis/28012016/sandvik-appoints-new-cfo-400/
You might also like
World Cement Podcast
In the latest episode of the World Cement Podcast, Senior Editor David Bizley is joined by Dr Andrew Minson of the GCCA to discuss the ins and outs of the recently launched Low Carbon Ratings (LCR) system.
Molins announce first quarter results
Net profit reached €48 million, equivalent to earnings per share of 0.73 euros, 6% lower than the same period of the previous year.