Sweden's Sandvik Appoints Emil Nilsson Chief Financial Officer
29 May 2012 - 5:18PM
Dow Jones News
Swedish engineering company Sandvik AB (SAND.SK) said Tuesday it
has appointed Emil Nilsson as its chief financial officer.
Nilsson, who is 40 years old, joins from Swedish network
equipment vendor Ericsson (ERIC) and will replace Ola Salmen, who
will leave Sandvik for "other opportunities."
Sandvik said Nilsson's starting date will be decided in the
coming months and that Salmen will stay with the company until the
end of the year to ensure a smooth transition.
Shares in Sandvik closed Monday at SEK94.85.
By Gustav Sandstrom, Dow Jones Newswires; +46-8-5451-3099;
gustav.sandstrom@dowjones.com
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