News from the Group

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.

Sandvik has appointed Richard Harris as President of business area Sandvik Rock Processing Solutions (SRP) and new member of the Sandvik Group Executive Management, effective October 1, 2022.

Sandvik will record a non-recurring charge of about SEK 1 billion in the second quarter operating results (EBITA) due to a decision to wind down operations in Russia.

The President of business area Sandvik Mining and Rock Solutions, Henrik Ager, will leave the Sandvik Group.

Anders Svensson, President of Business Area Sandvik Rock Processing Solutions, has decided to leave Sandvik.

Sandvik has appointed Cecilia Felton as Executive Vice President and Chief Financial Officer, CFO, effective February 1, 2022.

Sandvik has completed the previously announced acquisition of the Canada-based ICAM Technologies Corporation.

The Sandvik Board of Directors has appointed the first three members of the Board of SMT – the new company planned to be listed in 2022.

Tomas Eliasson, Executive Vice President and Chief Financial Officer, CFO, for Sandvik has decided to leave his position as of October 31, 2021, after more than five years in the Group.