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President of Sandvik Rock Processing Solutions, Anders Svensson, to leave Sandvik

Anders Svensson, President of Sandvik Rock Processing Solutions, will leave Sandvik to become the President and CEO of Konecranes, effective by November 2022.

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Rhea-AI Summary

Anders Svensson, President of Sandvik Rock Processing Solutions, will leave Sandvik to become the President and CEO of Konecranes, effective by November 2022. Svensson has been with Sandvik since 2008 and led Rock Processing Solutions since its formation in 2021. His leadership was acknowledged as beneficial during his tenure. A search for his successor will begin following his departure. This change may impact Sandvik's leadership stability as it transitions to new management.

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Positive

  • Svensson's leadership was recognized as beneficial, contributing positively to business operations.

Negative

  • Leadership change may lead to instability during the transition period.
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SANDVIKEN, Sweden , June 10, 2022 /PRNewswire/ -- Anders Svensson, President of Business Area Sandvik Rock Processing Solutions, has decided to leave Sandvik to take on the position as President and CEO of Konecranes, a world-leading provider of lifting equipment and services listed on the Nasdaq Helsinki Stock Exchange.

"Anders Svensson has led Sandvik Rock Processing Solutions in a very good way since the business area was formed in 2021 and made excellent contributions during his years at Sandvik. He has been a highly appreciated member of the Group Executive Management and I wish him all the best in his future position", says Stefan Widing, President and CEO of Sandvik.

Anders Svensson has worked in Sandvik since 2008. He has been President of Sandvik Rock Processing Solutions since 2021, and before that he was President of the Crushing and Screening division. He will leave Sandvik no later than November 2022. The process to find a successor will now be initiated.

Stockholm, June 10, 2022

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/president-of-sandvik-rock-processing-solutions--anders-svensson--to-leave-sandvik,c3583094

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https://mb.cision.com/Main/208/3583094/1591102.pdf

President of Sandvik Rock Processing Solutions, Anders Svensson, to leave Sandvik

Cision View original content:https://www.prnewswire.com/news-releases/president-of-sandvik-rock-processing-solutions-anders-svensson-to-leave-sandvik-301565605.html

SOURCE Sandvik

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who is Anders Svensson, and what role did he hold at Sandvik?

Anders Svensson was the President of Sandvik Rock Processing Solutions since 2021 and has been with Sandvik since 2008.

When will Anders Svensson leave Sandvik?

Anders Svensson will leave Sandvik no later than November 2022.

What is the impact of Anders Svensson leaving Sandvik on the company?

His departure may cause leadership instability at Sandvik during the transition to a new President.

What position is Anders Svensson taking after leaving Sandvik?

Anders Svensson will become the President and CEO of Konecranes.

How long has Anders Svensson been with Sandvik?

Anders Svensson has worked at Sandvik since 2008.

What did Stefan Widing say about Anders Svensson's contributions?

Stefan Widing acknowledged Svensson's effective leadership and contributions to the company.

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