Björn Rosengren, President and CEO of Sandvik AB, Stockholm, Sweden, has informed the Chairman of the Sandvik Board that he intends to resign and will leave the company as of February 1, 2020. He will now join ABB, a multinational automation corporation headquartered in Zurich, Switzerland.
Johan Molin, Chairman of the Board for Sandvik, stated, “Björn Rosengren has, since he joined Sandvik in November 2015, established a solid decentralised business model for the company and made the organisation more flexible and efficient.”
“The board is very grateful for his and all the employees’ work during these years,” he continued. “We will initiate the process to assign a very experienced and competent industrial leader that can succeed Björn in the role as President and CEO and continue to develop the company even further.”
“This has not been an easy decision,” commented Rosengren. “Sandvik is a great company with a lot of future potential and I will continue to lead the organisation with a strong commitment until the end of January.”