Sandvik AB, headquartered in Stockholm, Sweden, has appointed Cecilia Felton as executive vice president and Chief Financial Officer, effective February 1, 2022. Cecilia Felton, who has served as interim CFO since November 1, 2021, will also be a member of the Group Executive Management.
Felton has been with the Sandvik Group since 2013. She has been vice president of Group Control since 2018, and previously held the positions as Director of Group M&A and investments, as well as Director of Group Business Control at Sandvik. Before joining Sandvik she worked at Ernst & Young in London, UK, from 2007-2013. She is a chartered accountant and holds a Bachelor of Science in Environmental Policy and Economics from the London School of Economics.
“I am very pleased that we are appointing Cecilia Felton as Chief Financial Officer,” stated Stefan Widing, president and CEO of Sandvik. “She is a highly appreciated colleague and a strong leader, and I am confident that she, with her solid background and extensive expertise, will contribute significantly as we continue to execute our shift to growth strategy.”