Sandvik's Board of Directors has appointed Stefan Widing as new President and CEO for Sandvik with effect no later than April 2020. Stefan Widing succeeds Björn Rosengren, who as previously announced leaves Sandvik as of 1 February 2020. Stefan Widing is since 2015 the Executive Vice President of Assa Abloy and President of HID Global Corporation.

In case of that an interim solution is needed, Tomas Eliasson, Executive Vice President and Chief Financial Officer, will be Acting President and CEO for Sandvik.