President of Business area Sandvik Machining Solutions, Jonas Gustavsson, to Leave Sandvik

SANDVIKEN, Sweden, Jan 30, 2017 /PRNewswire/ --

Jonas Gustavsson, President of the business area Sandvik Machining Solutions, has decided to leave Sandvik to take on the position as President and CEO of ÅF, an engineering and consulting company listed on Nasdaq Stockholm.

"I'm grateful for Jonas Gustavssons' excellent contributions during his time in Sandvik. He has led both the Sandvik Materials Technology and the Sandvik Machining Solutions business areas and played an important role in improving and defending their performance. Jonas has also, since 2011, been a much appreciated member of the Group Executive Management", says Björn Rosengren, Sandvik's President and CEO, who wishes Jonas Gustavsson all the best in his new position.

Jonas Gustavsson has worked in Sandvik since 2008. He will leave Sandvik no later than end of July 2017.  The process to find a successor is initiated.

Stockholm, 30 January 2017

Sandvik AB

For further information contact:

Carina Aspenberg,
Media Relations Manager, Sandvik AB,
Tel: +46-70-616-01-19 

Ann-Sofie Nordh,
Vice President Investor Relations, Sandvik AB,
Tel: +46-8-456-14-94.

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SOURCE Sandvik