Sandvik appoints new vice president

Sandvik has carried out another shakeup at the top, appointing a new executive vice president and CFO.

Tomas Eliasson has been appointed to the role, and will step into the position and join the group executive management by July at the latest.

Eliasson is currently the CFO of manufacturer Electrolux, and was previously CFO for ASSA ABLOY and Seco Tools.

"Tomas Eliasson has extensive experience from relevant industries and companies. He will be a strong contributor to Sandvik in the finance areas and he will also take a leading role in driving the further progress of the Sandvik Group in general," Björn Rosengren, president and CEO of Sandvik, said.

He replaces Mat Backman, who announced his resignation in November last year.

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