Sandvik appoints new President of business area Sandvik Mining and Rock Solutions

Rhea-AI Summary

Sandvik has appointed Mats Eriksson as President of Sandvik Mining and Rock Solutions, effective October 1, 2022. Eriksson, who has led the Load and Haul division, is credited with driving growth and advancing battery-electric vehicle initiatives. His international experience includes leadership roles in multiple countries. CEO Stefan Widing expressed confidence in Eriksson's ability to foster strong leadership and organizational performance in the new role.

Positive

• Mats Eriksson has a successful track record in delivering strong results and growth.
• His leadership is expected to enhance the development of battery-electric vehicles.

Negative

• None.

STOCKHOLM, Sept. 26, 2022 /PRNewswire/ -- Sandvik has appointed Mats Eriksson as President of business area Sandvik Mining and Rock Solutions (SMR) and new member of the Sandvik Group Executive Management, effective October 1, 2022. He is currently President of Load and Haul, a division within Sandvik Mining and Rock Solutions.

"Mats Eriksson is an experienced international leader who has successfully delivered strong results and growth for the Load and Haul division. He has also been instrumental in the development of our world-leading offering of battery-electric vehicles. Mats Eriksson has a strong track record of developing high-performing leaders and organizations, and I am confident that he with his solid background and capabilities will be a great President of the Sandvik Mining and Rock Solutions business area," says Stefan Widing, President and CEO of Sandvik.

Mats Eriksson was born in 1962 and is a Finnish national. He joined Sandvik in 2016, when he assumed the position as President of the Load and Haul division. His previous experience includes being President and CEO for two listed companies, Cencorp Oyj and Salcomp Oyj. Additionally, he has held leading positions for several other companies, building businesses and operations in countries such as Singapore, Malaysia, China, India, U.S., Brazil and South Korea. 

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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SOURCE Sandvik

FAQ

Who is Mats Eriksson and what is his new role at Sandvik?

Mats Eriksson has been appointed as the President of Sandvik Mining and Rock Solutions, effective October 1, 2022.

What experience does Mats Eriksson bring to his new position at Sandvik?

Mats Eriksson has a strong background in leading the Load and Haul division and has experience in various international leadership roles.

When did Mats Eriksson join Sandvik and in what capacity?

Mats Eriksson joined Sandvik in 2016 as President of the Load and Haul division.

What initiatives has Mats Eriksson been involved in at Sandvik?

He has been instrumental in developing Sandvik's battery-electric vehicle offering.