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Hexagon AB's Nomination Committee proposes the election of Mr. Björn Rosengren as new Vice Chairman of the Hexagon Board of Directors

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Hexagon AB has announced that its nomination committee proposes Björn Rosengren as new Vice Chairman of the Board at the Annual General Meeting on May 5, 2025. This move is part of succession planning as current Chairman Ola Rollén has indicated his intention to step down at the 2026 AGM after 26 years on the board. Rosengren, who previously served as CEO of ABB and Sandvik AB, will be positioned to take over the chairmanship. The announcement also notes that board member Brett Watson will not seek re-election in 2025.

Hexagon is a global leader in precision technologies with approximately 24,500 employees across 50 countries and net sales of about 5.4bn EUR.

Hexagon AB ha annunciato che il suo comitato di nomina propone Björn Rosengren come nuovo Vicepresidente del Consiglio di Amministrazione nell'Assemblea Generale Annuale del 5 maggio 2025. Questa mossa fa parte della pianificazione della successione, poiché l'attuale Presidente Ola Rollén ha manifestato la sua intenzione di dimettersi dall'AGM del 2026 dopo 26 anni nel consiglio. Rosengren, che in precedenza ha ricoperto il ruolo di CEO di ABB e Sandvik AB, sarà posizionato per assumere la presidenza. L'annuncio sottolinea anche che il membro del consiglio Brett Watson non si candiderà per la rielezione nel 2025.

Hexagon è un leader globale nelle tecnologie di precisione con circa 24.500 dipendenti in 50 paesi e un fatturato netto di circa 5,4 miliardi di EUR.

Hexagon AB ha anunciado que su comité de nominaciones propone a Björn Rosengren como nuevo Vicepresidente del Consejo de Administración en la Junta General Anual el 5 de mayo de 2025. Este movimiento forma parte de la planificación de sucesión, ya que el actual Presidente Ola Rollén ha indicado su intención de renunciar en la AGM de 2026 después de 26 años en el consejo. Rosengren, quien anteriormente fue CEO de ABB y Sandvik AB, estará preparado para asumir la presidencia. El anuncio también menciona que el miembro del consejo Brett Watson no buscará la reelección en 2025.

Hexagon es un líder global en tecnologías de precisión con aproximadamente 24,500 empleados en 50 países y ventas netas de alrededor de 5.4 mil millones de EUR.

Hexagon AB는 2025년 5월 5일 연례 총회에서 Björn Rosengren을 이사회의 새로운 부회장으로 제안한다고 발표했습니다. 이 조치는 현재 이사장 Ola Rollén이 26년간의 이사회 경력을 마치고 2026년 AGM에서 은퇴할 의사가 있음을 밝혔기 때문입니다. Rosengren은 이전에 ABB와 Sandvik AB의 CEO를 역임했으며, 이사장직을 인수할 준비가 되어 있습니다. 성명서는 또한 이사 Brett Watson이 2025년에 재선거를 원하지 않을 것이라고 언급합니다.

Hexagon은 약 24,500명의 직원이 50개국에 있으며 순매출 약 54억 유로를 자랑하는 정밀 기술의 글로벌 리더입니다.

Hexagon AB a annoncé que son comité de nomination propose Björn Rosengren comme nouveau Vice-président du Conseil d'administration lors de l'Assemblée Générale Annuelle du 5 mai 2025. Ce mouvement s'inscrit dans le cadre de la planification de la succession, l'actuel Président Ola Rollén ayant exprimé son intention de démissionner lors de l'AGM de 2026 après 26 ans dans le conseil. Rosengren, qui a précédemment occupé le poste de PDG d'ABB et de Sandvik AB, sera en position de prendre la présidence. L'annonce précise également que le membre du conseil Brett Watson ne se présentera pas à la réélection en 2025.

Hexagon est un leader mondial dans les technologies de précision avec environ 24 500 employés dans 50 pays et un chiffre d'affaires net d'environ 5,4 milliards d'euros.

Hexagon AB hat angekündigt, dass sein Nominierungsausschuss Björn Rosengren als neuen stellvertretenden Vorsitzenden des Vorstands bei der Hauptversammlung am 5. Mai 2025 vorschlägt. Dieser Schritt ist Teil der Nachfolgeplanung, da der amtierende Vorsitzende Ola Rollén seine Absicht bekundet hat, sich bei der Hauptversammlung 2026 zurückzuziehen, nachdem er 26 Jahre im Vorstand tätig war. Rosengren, der zuvor CEO von ABB und Sandvik AB war, wird bereit sein, den Vorsitz zu übernehmen. Die Ankündigung weist auch darauf hin, dass das Vorstandsmitglied Brett Watson sich 2025 nicht zur Wiederwahl stellen wird.

Hexagon ist ein globaler Marktführer in der Präzisionstechnologie mit etwa 24.500 Mitarbeitern in 50 Ländern und einem Nettoumsatz von etwa 5,4 Milliarden EUR.

Positive
  • Strategic succession planning with experienced industry leader Björn Rosengren
  • Orderly transition process with one-year overlap between incoming Vice Chairman and outgoing Chairman
Negative
  • Departure of long-standing Chairman Ola Rollén in 2026 after 26 years creates continuity risk
  • Board member Brett Watson's decision not to seek re-election indicates additional board turnover

STOCKHOLM, Dec. 4, 2024 /PRNewswire/ -- Hexagon AB's nomination committee proposes the election of Mr. Björn Rosengren as new Vice Chairman of the Hexagon Board of Directors at the Annual General Meeting (AGM) on 5 May 2025. Björn Rosengren stepped down as CEO of ABB Ltd. in July and before that held the same position at Sandvik AB. The proposal to elect Mr. Rosengren reflects the nomination committee's planning for a succession on the position of Chairman, as Ola Rollén has indicated his desire to step down at the AGM in 2026 after 26 years on the board. 

"I have spent most of my working career building and growing Hexagon. It's been an adventure to have experienced Hexagon's rapid growth, and it has given me fantastic memories and many good friends. I feel the time is approaching for Hexagon and I to part ways and I have the chance to spend my time on other projects in life. It's time that a new management and a new board takes over the baton. I wish Björn all the success in his new challenge, to take Hexagon into the next growth phase," Says Ola Rollén, Chairman of the of the Board of Hexagon.

"I have followed Hexagon's development under Ola's leadership with great admiration, respect and interest. It will be exciting to continue to create value for Hexagon's customers, employees and shareholders together with Ola, the Board and management," Says Mr. Björn Rosengren.

Brett Watson has separately informed the nomination committee that he will not be available for re-election in 2025.

For further information, please contact:
Tom Hull, Head of Investor Relations, Hexagon AB, +44 7442 678 437, ir@hexagon.com
Anton Heikenström, Investor Relations Manager, Hexagon AB, +46 8 601 26 26, ir@hexagon.com

This information is information that Hexagon AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CET on 4 December 2024.

Hexagon is the global leader in precision technologies at any scale. Our digital twins, robotics and AI solutions are transforming the industries that shape our reality.

Hexagon (Nasdaq Stockholm: HEXA B) has approximately 24,500 employees in 50 countries and net sales of approximately 5.4bn EUR. Learn more at hexagon.com and follow us @HexagonAB.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/hexagon/r/hexagon-ab-s-nomination-committee-proposes-the-election-of-mr--bjorn-rosengren-as-new-vice-chairman-,c4075428

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Hexagon AB's Nomination Committee proposes the election of Mr. Björn Rosengren as new Vice Chairman of the Hexagon Board of Directors

 

Cision View original content:https://www.prnewswire.com/news-releases/hexagon-abs-nomination-committee-proposes-the-election-of-mr-bjorn-rosengren-as-new-vice-chairman-of-the-hexagon-board-of-directors-302322122.html

SOURCE Hexagon

FAQ

When will Björn Rosengren join Hexagon AB (HEXA) as Vice Chairman?

Björn Rosengren is proposed to be elected as Vice Chairman at Hexagon's Annual General Meeting on May 5, 2025.

When will Ola Rollén step down as Chairman of Hexagon AB (HEXA)?

Ola Rollén has indicated his intention to step down as Chairman at the Annual General Meeting in 2026.

What is Björn Rosengren's previous experience before joining Hexagon AB (HEXA)?

Björn Rosengren previously served as CEO of ABB until July 2024 and before that held the same position at Sandvik AB.

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