METS

Sandvik CEO heads to ABB

Sandvik chief executive officer Bjorn Rosengren is leaving the company to lead industrial giant ABB.

Staff reporter
Outgoing Sandvik CEO Bjorn Rosengren

Outgoing Sandvik CEO Bjorn Rosengren

Rosengren has run Sandvik since November 2015, overseeing implementation of a decentralised structure to help make it more efficient and flexible. He will become ABB CEO in February next year, replacing Peter Voser.

Prior to his Sandvik time Rosengren ran Wartsila Corporation, which makes power systems for the marine and power generation markets.

Voser, also ABB chairman, said Rosengren would bring the managerial skills ABB needed for the next stage of its transformation.

"He understands how to establish successful decentralised organisations, empower people and demonstrates the culture of cooperation and high performance," Voser said.

Rosengren said he looked forward to the job ahead at ABB.

"At such a pivotal time for manufacturing industries, ABB must continue to best serve the needs of global customers with a unique technology and digital solutions portfolio to help enhance their productivity," he said.

Sandvik chairman Johan Molin said the company would embark on the hunt for a new CEO.

"Bjorn Rosengren has, since he joined Sandvik in November 2015, established a solid decentralised business model for the company and made the organisation more flexible and efficient," Molin said.

 

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.

editions

Mining Journal Intelligence Global Leadership Report 2023: Social licence

Gain insights into social licence trends and best practices from interviews with 20+ top mining company executives and an industrywide survey.