President of Sandvik Mining and Rock Solutions to leave Sandvik

Rhea-AI Summary

The President of Sandvik Mining and Rock Solutions, Henrik Ager, has left the company after eight years, including three as President. CEO Stefan Widing praised Ager's contributions during a successful period for the business unit. Widing will serve as the interim President while the search for Ager's replacement begins. This leadership change may impact the strategic direction of Sandvik's Mining and Rock Solutions segment.

Positive

• Sandvik Mining and Rock Solutions experienced positive development during Henrik Ager's tenure.

Negative

• The departure of a key executive may create short-term uncertainty for the company.

STOCKHOLM, June 17, 2022 /PRNewswire/ -- The President of business area Sandvik Mining and Rock Solutions, Henrik Ager, will leave the Sandvik Group. 

"Henrik Ager has been with Sandvik for eight years, and for the past three years as business area President during a period in which our Mining and Rock Solutions business has had a positive development. We thank him for his years in Sandvik and wish him all the best in his future plans," says Stefan Widing, President and CEO of Sandvik.

The change is effective as of today and President and CEO Stefan Widing will assume the role as interim business area President of Sandvik Mining and Rock Solutions. The process of recruiting a new business area President for Sandvik Mining and Rock Solutions will now be initiated. 

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.

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President of Sandvik Mining and Rock Solutions to leave Sandvik

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SOURCE Sandvik

FAQ

Who has left Sandvik Mining and Rock Solutions?

Henrik Ager has left his position as President of Sandvik Mining and Rock Solutions.

Who is the interim President of Sandvik Mining and Rock Solutions?

Stefan Widing, the CEO of Sandvik, is the interim President following Ager's departure.

What impact might Henrik Ager's departure have on Sandvik's stock?

The departure of a key executive could introduce short-term uncertainty, potentially affecting investor confidence.

When did Henrik Ager leave Sandvik?

Henrik Ager's departure was effective as of June 17, 2022.

What was Henrik Ager's role at Sandvik?

Henrik Ager served as the President of Sandvik Mining and Rock Solutions.