General Counsel Åsa Thunman to leave Sandvik
Sandvik (SDVKY) announced that Åsa Thunman, Executive Vice President and General Counsel, will depart from the company to join Swedish construction group Skanska in a similar role.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Sandvik (SDVKY) announced that Åsa Thunman, Executive Vice President and General Counsel, will depart from the company to join Swedish construction group Skanska in a similar role. Thunman, who has served in her current position and as a member of the Group Executive Management since 2014, will remain with Sandvik until July 8, 2025 at the latest.
The company has initiated a recruitment process to find her successor. CEO Stefan Widing acknowledged Thunman's contributions in developing the legal organization and her role in the Group Executive Management.
Positive
- None.
Negative
- Loss of experienced executive with 11 years of tenure
- Potential leadership gap in legal department during transition
Details
News Market Reaction – SDVKY
The recorded move for SDVKY in the trading session of this news was -1.19%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
STOCKHOLM, Jan. 10, 2025 /PRNewswire/ -- Åsa Thunman, Executive Vice President and General Counsel of Sandvik, has decided to leave Sandvik for a corresponding position at the Swedish project development and construction group Skanska. Åsa Thunman, who has been in her current position and a member of the Group Executive Management since 2014, will leave Sandvik no later than July 8, 2025. A recruitment process to find a successor will now be initiated.
"Åsa Thunman has been a highly appreciated colleague, and she has made strong contributions over the years in developing our legal organization and as a member of the Group Executive Management. I wish her all the best for the future as she now moves on to new challenges outside Sandvik," says Stefan Widing, President and CEO of Sandvik.
Stockholm, January 10, 2025
Sandvik AB
For further information, contact Louise Tjeder, VP Investor relations, phone: +46 (0) 70782 6374 or Johannes Hellström, Press and Media Relations Manager, phone: +46 (0) 70721 1008
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/sandvik/r/general-counsel-asa-thunman-to-leave-sandvik,c4089790
The following files are available for download:
General Counsel Åsa Thunman to leave Sandvik |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.