SKF redesigns Industrial organization to increase competitiveness
SKF (OTC:SKFRY) has announced a strategic reorganization of its Industrial business to enhance competitiveness and drive profitable growth. The company is implementing key structural changes including combining Operations and Commercial excellence functions and discontinuing the Independent and Emerging Businesses area, which will be reorganized into Specialized Industrial Solutions.
The reorganization brings several leadership changes in Group Management: Hans Landin becomes President of Specialized Industrial Solutions, Joakim Landholm takes the role of Senior VP Commercial and Operations Development, and Susanne Larsson adds Chief Sustainability Officer to her CFO duties. Thomas Fröst will leave Group Management but remain in an advisory role during transition.
SKF (OTC:SKFRY) ha annunciato una riorganizzazione strategica del proprio business Industrial per accrescere la competitività e guidare una crescita profittevole. L'azienda sta implementando importanti cambiamenti strutturali tra cui combinare le funzioni di Operations e di eccellenza commerciale e la dismissione dell'area Independent and Emerging Businesses, che verrà riorganizzata in Specialized Industrial Solutions.
La riorganizzazione comporta diverse novità a livello di leadership nel Group Management: Hans Landin diventa Presidente di Specialized Industrial Solutions, Joakim Landholm assume il ruolo di Senior VP Commercial and Operations Development, e Susanne Larsson aggiunge Chief Sustainability Officer alle sue responsabilità di CFO. Thomas Fröst lascerà il Group Management ma rimarrà in ruolo di consulente durante la transizione.
SKF (OTC:SKFRY) ha anunciado una reorganización estratégica de su negocio Industrial para mejorar la competitividad e impulsar un crecimiento rentable. La empresa está implementando cambios estructurales clave que incluyen la combinación de las funciones de Operaciones y Excelencia Comercial y la discontinuación del área de Independent and Emerging Businesses, que se reorganizará en Specialized Industrial Solutions.
La reorganización trae varios cambios en el liderazgo en la Gestión del Grupo: Hans Landin se convierte en Presidente de Specialized Industrial Solutions, Joakim Landholm asume el cargo de Senior VP Commercial and Operations Development, y Susanne Larsson añade Chief Sustainability Officer a sus responsabilidades como CFO. Thomas Fröst dejará la Gestión del Grupo pero permanecerá en un rol de asesoría durante la transición.
SKF(OTC:SKFRY)가 경쟁력을 강화하고 수익성 있는 성장을 촉진하기 위해 Industrial 사업의 전략적 재편을 발표했다. 회사는 운영과 상업 우수성 기능을 통합하는 것을 포함한 핵심 구조 변화를 실행하고 독립 및 신흥 사업 부문을 중단하며, 이를 Specialized Industrial Solutions로 재편할 예정이다.
재편은 Group Management에서 여러 리더십 변화를 가져온다: Hans Landin은 Specialized Industrial Solutions의 사장으로, Joakim Landholm은 Senior VP Commercial and Operations Development 역할을 맡고, Susanne Larsson은 CFO 업무에 Chief Sustainability Officer를 추가한다. Thomas Fröst는 Group Management를 떠나지만 전환 기간 동안 자문 역할을 계속한다.
SKF (OTC: SKFRY) a annoncé une réorganisation stratégique de son activité Industrielle afin d'améliorer la compétitivité et de stimuler une croissance rentable. L'entreprise met en œuvre des changements structurels clés, notamment la fusion des fonctions Opérations et Excellence Commerciale et l'abandon de la zone Independent and Emerging Businesses, qui sera réorganisée en Specialized Industrial Solutions.
Cette réorganisation entraîne plusieurs changements de leadership au sein du Group Management: Hans Landin devient président de Specialized Industrial Solutions, Joakim Landholm prend le rôle de Senior VP Commercial and Operations Development, et Susanne Larsson ajoute Chief Sustainability Officer à ses responsabilités de CFO. Thomas Fröst quittera le Group Management mais restera en rôle consultatif pendant la transition.
SKF (OTC:SKFRY) hat eine strategische Neustrukturierung seines Industrial-Geschäfts angekündigt, um die Wettbewerbsfähigkeit zu verbessern und profitables Wachstum zu fördern. Das Unternehmen implementiert zentrale Strukturänderungen, darunter die Zusammenführung der Funktionen Operations und Commercial Excellence und die Einstellung des Bereichs Independent and Emerging Businesses, der in Specialized Industrial Solutions neu organisiert wird.
Die Neustrukturierung bringt mehrere Führungswechsel im Group Management: Hans Landin wird Präsident von Specialized Industrial Solutions, Joakim Landholm übernimmt die Rolle des Senior VP Commercial and Operations Development, und Susanne Larsson ergänzt ihre Aufgaben als CFO um den Chief Sustainability Officer. Thomas Fröst wird das Group Management verlassen, wird aber während des Übergangs eine beratende Rolle behalten.
SKF (المدرجة OTC: SKFRY) أعلنت عن إعادة تنظيم استراتيجية لأعمالها الصناعية لتعزيز القدرة التنافسية وتحقيق نمو مربح. تتضمن تغييرات هيكلية رئيسية بما في ذلك دمج وظائف العمليات والتميز التجاري وإيقاف منطقة الأعمال المستقلة والناشئة، التي ستُعاد تنظيمها إلى Specialized Industrial Solutions.
تجلب إعادة التنظيم عدة تغييرات قيادية في إدارة المجموعة: يصبح هانز لاندن رئيساً لـ Specialized Industrial Solutions، ويتولى يواكيم لاندهولم دور نائب الرئيس الأول للتجارة وتطوير العمليات، وتضيف سوزان لارسن Chief Sustainability Officer إلى واجباتها كـ CFO. سيترك توماس فريست إدارة المجموعة لكنه سيظل في دور استشاري خلال فترة الانتقال.
SKF（OTC:SKFRY）宣布对其工业业务进行战略重组，以提升竞争力并推动盈利增长。公司正在实施关键的结构性变动，包括整合运营与商业卓越职能，并停止独立与新兴业务领域，该领域将重组为 Specialized Industrial Solutions。
这次重组在集团管理层带来若干领导层变动：Hans Landin 将成为 Specialized Industrial Solutions 的总裁，Joakim Landholm 担任 Senior VP Commercial and Operations Development，Susanne Larsson 在其 CFO 职责之外新增 Chief Sustainability Officer。Thomas Fröst 将离开集团管理层，但在过渡期间将保留顾问角色。
- Streamlined organizational structure combining Operations and Commercial excellence for better alignment and execution
- Strategic focus on core industrial businesses through new Specialized Industrial Solutions division
- Clear separation strategy from Automotive business progressing as planned
- Organizational disruption during transition period
- Loss of experienced executive Thomas Fröst from Group Management
The functions Operations and Commercial excellence are combined into one which will enable a stronger alignment, governance and end-to-end execution across the full value chain. The business area Independent and Emerging Businesses will be discontinued. Its stand-alone entities will be organized in Specialized Industrial Solutions to further strengthen these strategic core businesses as they are tailored according to respective business and market needs.
"As the separation of the Automotive business is progressing, we have the opportunity to adapt our set-up for the Industrial business. This is a natural next step in our strategic journey and with clearer and more efficient structures, we will strengthen both our strategic and commercial capabilities," says Rickard Gustafson, President and CEO.
SKF is announcing the following changes in Group Management:
Hans Landin, Senior Vice President, Group Commercial Excellence Bearings, is appointed to lead the new organization of stand-alone businesses and assume the role as President Specialized Industrial Solutions.
Joakim Landholm, Senior Vice President Group Operations & Chief Sustainability Officer, will assume the role as Senior Vice President Commercial and Operations Development.
Susanne Larsson, Senior Vice President Finance and CFO, will in addition to her current role assume the role as Chief Sustainability Officer.
Thomas Fröst, President, Independent and Emerging Businesses, will leave Group Management today but will remain in an advisory role during a transition period.
"A sharpened industrial focus will evolve our strengths and with this new organizational set-up we aim to create even more progress for our customers and for us as a company. On behalf of SKF, I would also like to thank Thomas for his valuable contribution during many years of employment in building these core businesses, and I wish him all the best for the future," says Rickard Gustafson.
Aktiebolaget SKF
(publ)
For further information, please contact:
Press Relations: Carl Bjernstam, +46 31-337 2517; +46 722 201 893; carl.bjernstam@skf.com
Investor Relations: Sophie Arnius, +46 31-337 8072; +46 705 908072; sophie.arnius@skf.com
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https://news.cision.com/skf/i/rickard-gustafson-president-and-ceo,c3472263 | Rickard Gustafson President and CEO |
Hans Landin | |
JoakimLandholm | |
Susanne Larsson | |
Thomas Frost |
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SOURCE SKF
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