SKF announces changes to Group Management to further strengthen its commercial focus

Rickard Gustafson, President and CEO, says: "To reach our potential, we need to increase our commercial capabilities. These changes in the Group Management team will add a lot of industry experience and new perspectives that will make us stronger as a team." Rickard Gustafson, President and CEO, says: "To reach our potential, we need to increase our commercial capabilities. These changes in the Group Management team will add a lot of industry experience and new perspectives that will make us...

Rickard Gustafson, President and CEO, says: "To reach our potential, we need to increase our commercial capabilities. These changes in the Group Management team will add a lot of industry experience and new perspectives that will make us stronger as a team."

As of 1 August, Hans Landin will join SKF as Senior Vice President, Group Commercial Excellence Bearings. Hans has extensive international experience from executive positions in the bearing industry and will manage strategic pricing, sales processes, global portfolio management and more.

David Johansson, currently President, Automotive at SKF, will succeed the interim President for Industrial Region EMEA, Aldo Cedrone, from 15 August. Replacing David will be Kerstin Enochsson, recruited from the mobility sector having held several senior positions for instance within supply chain management, operations planning and aftermarket business.

Rickard Gustafson says: "This is another important milestone in our journey. I'm really looking forward to working together. I would also like to thank Aldo for his contribution to the development of our industrial operations in EMEA. Aldo will continue driving prioritized projects for the Group, including our important footprint transformation."

Aktiebolaget SKF
     (publ)

CONTACT:

For further information, please contact:
PRESS: Carl Bjernstam, Acting SKF Media & Press Director
tel: 46 31-337 2517; mobile: 46 722-201 893; e-mail: carl.bjernstam@skf.com

INVESTOR RELATIONS: Patrik Stenberg, Head of Investor Relations
tel: 46 31-337 2104; mobile: 46 705-472 104; patrik.stenberg@skf.com

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