PR Newswire
GOTHENBURG, Sweden , Feb. 6, 2024 /PRNewswire/ -- As a consequence of SKF accelerating its strategic transformation to drive profitable growth, the leadership in two of the industrial regions, Americas and India and Southeast Asia , will change with immediate effect.
"In times of transformation, adding new perspectives is sometimes necessary. Americas and ISEA have accomplished a lot, but with new leadership in both regions, we aim to find new opportunities and to become even more competitive and increase speed in our journey," says Rickard Gustafson , President and CEO.
Manish Bhatnagar , the current President, Industrial Region India and Southeast Asia (ISEA) is appointed the new President, Industrial Region Americas. Manish will be located in Landsdale, USA , and begin his new position as of today.
As a consequence, Fredrik Hallen , Director Finance, Controlling, IT & Digitalization in Industrial Region ISEA, will take interim charge as President for the ISEA region. A permanent successor is expected to be in place during the spring.
John Schmidt , the current President, Industrial Region Americas, will leave SKF to continue his career outside SKF. He will remain in an advisory role during a brief transition period.
"On behalf of SKF I would like to thank John for his valuable contribution during many years of employment and I wish him all the best in future. I also take the opportunity to welcome Manish to his new role," says Rickard Gustafson .
Aktiebolaget SKF
(publ)
CONTACT:
For further information, please contact:
PRESS: Carl Bjernstam, Head of Media Relations
tel: 46 31-337 2517; mobile: 46 722-201 893; e-mail: carl.bjernstam@skf.com
INVESTOR RELATIONS: Patrik Stenberg , Head of Investor Relations
tel: 46 31-337 2104; mobile: 46 705-472 104; patrik.stenberg@skf.com
The following files are available for download:
20240206 Changes in Group Management to accelerate strategic transformation and profitable growth | |
Rickard Gustafson | |
ManishBhatnagar |
SOURCE SKF