Sandvik appoints new Executive Vice President and Chief Financial Officer

January 25, 2016

Sandvik has announced that 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.

Eliasson 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,” stated Björn Rosengren, President and CEO of Sandvik.

Tomas Eliasson will succeed Mats Backman who 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,” added Rosengren.

www.sandvik.com  

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