07.09.2021. Tomas Eliasson, Executive Vice President and Chief Financial Officer, CFO, for Sandvik has decided to leave his position as of 31 October 2021, after more than five years in the Group.

“Tomas Eliasson has been a key member of Sandvik Group’s Executive Management since 2016 and I’m very thankful for his contributions to the Group over the years. He has played an essential role in the decentralisation of Sandvik and in making the company more agile and flexible. Tomas has established a very solid governance model for us to ensure strong results in our different divisions and to deliver stable margins as a Group over time”, says Stefan Widing, President and CEO of Sandvik.

Recruitment process

The recruitment process for a new CFO has been initiated. Until a permanent solution has been found, Cecilia Felton, currently Vice President Group Control, will serve as the company’s interim CFO effective as of 1 November. Tomas Eliasson will until 1 February 2022, also be available to ensure a smooth transition.

(Source: Sandvik)