People: AB SKF (SKFb.ST)

SKFb.ST on Stockholm Stock Exchange

166.40SEK
10:28am EDT
Price Change (% chg)

-0.10kr (-0.06%)
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166.50kr
Open
166.50kr
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166.80kr
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165.00kr
Volume
684,987
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1,774,356
52-wk High
185.50kr
52-wk Low
160.30kr

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Summary

Name Age Since Current Position

Leif Ostling

69 2008 Independent Chairman of the Board

Tom Johnstone

59 2003 Chief Executive Officer, President, Director

Henrik Lange

53 2013 Chief Financial Officer, Executive Vice President

Poul Jeppesen

61 President and Chief Executive Officer of SKF USA

Rakesh Makhija

63 2013 President of SKF Industrial Market, Strategic Industries

Manfred Neubert

61 President of SKF GmbH

Gunilla Nilsson

56 2014 Chief Executive Officer of SKF Sweden

Tryggve Sthen

62 2012 President of SKF Automotive

Vartan Vartanian

61 2012 President of SKF Industrial Market, Regional Sales and Service

Carina Bergfelt

54 2011 Senior Vice President, Group Legal and Sustainability; General Counsel

Alan Begg

60 2011 Senior Vice President, Group Technology Development

Ingalill Ostman

58 2011 Senior Vice President, Group Communications and Government Relations

Bo-Inge Stensson

53 2011 Senior Vice President, Group Purchasing

Kent Viitanen

49 2014 Senior Vice President, Group People & Business Excellence

Lars Wilsby

52 2012 Senior Vice President, Group Business Transformation

Kennet Carlsson

52 2008 Director, Employee Representative

Niklas Thoresson

40 2012 Director, Employee Representative

Lars Wedenborn

56 2008 Director

Peter Grafoner

64 2008 Independent Director

Babasaheb Kalyani

65 2011 Independent Director

Jouko Karvinen

57 2010 Independent Director

Ulla Litzen

58 1998 Independent Director

Joe Loughrey

65 2009 Independent Director

Lena Treschow Torell

68 2007 Independent Director

Marita Bjork

Head of Investor Relations

Biographies

Name Description

Leif Ostling

Mr. Leif Ostling has served as Independent Chairman of the Board of Directors at AB SKF since February 25, 2008, and he has been Member of the Company's Board of Directors since March 9, 2005. He is also Member of the Company's Audit and Remuneration Committees. He was previously President and Chief Executive Officer of Scania AB from 1994 until 2012. He held various management positions at Scania since 1972. He has been Member of the Board of Management of Volksvagen AG, responsible for Commercial Vehicles since 2012. He is Vice Chairman of the Board of Scania AB and Board member of EQT Holding AB and MAN SE. He holds a Master of Engineering degree from Chalmers Tekniska Hogskola (Chalmers University of Technology), as well as a Bachelor of Economics degree from the School of Business, Economics and Law at Goteborgs Universitet (University of Gothenburg).

Tom Johnstone

Mr. Tom Johnstone has served as Chief Executive Officer, President and Member of the Board of Directors at AB SKF since April 15, 2003. He has been employed by the Company since 1977. He previously served as Executive Vice President and President of the Automotive Division at the Company, among others. He is Member of the Board of Directors at Investor AB and Husqvarna AB. He holds a Master of Arts degree from the University of Glasgow, an Honorary Doctor’s degree in Business Administration from the University of South Carolina in the United States, as well as an Honorary Doctor’s degree in Science from Cranfield University in the United Kingdom.

Henrik Lange

Mr. Henrik Lange has served as Executive Vice President of AB SKF since March 12, 2013, and he has been appointed Chief Financial Officer of the Company, effective as of May 1, 2013. He also served as President of SKF Industrial Market, Strategic Industries at the Company from January 1, 2012 until May 1, 2013. Before that, he was President of the Industrial Division at the Company from January 24, 2005 to January 1, 2012. He has been employed by the Company since 2003 and from 1988 to 2000. He also served as Senior Vice President of Group Business Development at the Company from 2003 to January 24, 2005, among others. He is Member of the Boards of the Association of Swedish Engineering Industries, the GU School of Executive Education and Partnertech AB. He holds a Bachelor of Science degree in Economics from the School of Business, Economics and Law at Goteborgs Universitet (University of Gothenburg).

Poul Jeppesen

Mr. Poul Jeppesen serves as President and Chief Executive Officer of SKF USA within AB SKF. He was previously Head of SKF Actuation System within the Company and held a number of other posts. He is Board Member of NAM (National American Manufacturers), MAPI (Manufacturing Alliances) and ABMA, American Bearing Manufacturers Association. He has been employed by the Company since 1982. He studied Engineering at Aalborg Technical College and Business Administration at Silkeborg Business School.

Rakesh Makhija

Mr. Rakesh Makhija has been President of SKF Industrial Market, Strategic Industries at AB SKF since May 1, 2013. Before that, he has served as President, Asia at the Company. Previously, he was Managing Director, SKF India Ltd. within the Company. He has been employed by the Company since 2002. He holds a Bachelor of Technology degree in Chemical Engineering from the Indian Institute of Technology in New Delhi, India.

Manfred Neubert

Mr. Manfred Neubert serves as President of SKF GmbH within AB SKF. He has been employed by the Company since 2004. He is Advisory Board Member of WEHACO Hannover, and Council Member of VDA, VDMA, VBM/BAYME (Employers association German Metal Industry). He holds a Master's degree in Economics and Business Administration.

Gunilla Nilsson

Ms. Gunilla Nilsson has been appointed Chief Executive Officer of SKF Sweden within AB SKF effective as of January 1, 2014. She joined SKF in 1980 and has held a number of senior positions within the Company, most recently as Finance Director for SKF USA. She holds a degree in International Economics from Goteborgs universitet.

Tryggve Sthen

Mr. Tryggve Sthen has served as President of SKF Automotive within AB SKF since January 1, 2012. Previously, he was President of the Automotive Division at the Company from April 1, 2003 until January 1, 2012. He is Board Member of Green Cargo and Boston Power International. He holds a Master of Science (M.S.E.E.) degree in Technical Physics and Electrotechnology from Linkopings Universitet (Linkoping University).

Vartan Vartanian

Mr. Vartan Vartanian has served as President of SKF Industrial Market, Regional Sales and Service within AB SKF since January 1, 2012. He was President of Service Division at the Company from April 2, 2008 to January 1, 2012. He has been employed by the Company since 1990. He previously served as Area Director for Europe within the Company, among others. He is Member of the Board of SAMA. He holds a Bachelor's degree in Applied Sciences and Mechanical Engineering from the University of Toronto.

Carina Bergfelt

Ms. Carina Bergfelt serves as General Counsel of AB SKF, and she has been Senior Vice President, Group Legal and Sustainability at the Company since January 1, 2011. She has worked for the Company since 1990. She previously served as Legal Counsel of the Company and as Secretary to the Board from 1996. She is Member of the Board of the Association of Exchange-listed Companies. She holds a Master of Law degree from Lunds Universitet (Lund University).

Alan Begg

Dr. Alan Begg has served as Senior Vice President, Group Technology Development at AB SKF since January 1, 2011. He was also Senior Vice President, Group Technology Development and Quality at the Company from 2007 until January 1, 2011. He has been employed by the Company since 2007. He is Fellow of the Royal Academy of Engineering in the United Kingdom. He also serves as Member of the Board of NV Bekaert SA. He holds a Master's degree and a Doctorate of Philosophy degree from the University of Cambridge.

Ingalill Ostman

Ms. Ingalill Ostman has served as Senior Vice President, Group Communications and Government Relations at AB SKF since January 1, 2011. Previously, she was Senior Vice President, Group Communications at the Company from January 1, 2008 until January 1, 2011. She also worked at ABB, where she was Senior Vice President of Communication ABB Sweden and Region Communications Head for Northern Europe. She previously held a number of managerial positions within ABB and was Management Consultant outside of ABB. She is Board Member of SOIC AB and the International Council of Swedish Industry (NIR). She holds a Master of Science degree in Mechanical Engineering from Lulea Tekniska Universitet (Lulea University of Technology).

Bo-Inge Stensson

Mr. Bo-Inge Stensson has served as Senior Vice President, Group Purchasing at AB SKF since January 1, 2011. Prior to that, he was Senior Vice President, Group Demand Chain at the Company from 2006 until January 1, 2011. He holds a Master of Science degree in Industrial and Mechanical Engineering from the Linkoping Institute of Technology at Linkopings universitet (Linkoping University).

Kent Viitanen

Mr. Kent Viitanen has been appointed Senior Vice President, Group People & Business Excellence at AB SKF, effective as of January 1, 2014. He joined SKF in 1988 and has most recently been the Director for SKF’s Renewable Energy business. He has held a number of global managerial positions mainly within manufacturing, as well the position of Human Resources Director for the former SKF Industrial Division. He studied Business and Economics at the School of Business, Economics and Law at University of Gothenburg.

Lars Wilsby

Mr. Lars Wilsby has served as Senior Vice President, Group Business Transformation at AB SKF since January 1, 2012. He previously served as Director for Vehicle Service Market and Director of Business Development within the Automotive Division of the Company. He joined the Company in 2005. Prior to that, he was Partner at McKinsey & Company, Inc. Scandinavia. He holds a Master of Science degree in Industrial Engineering and Management from Chalmers Tekniska Hogskola (Chalmers University of Technology) in Gothenburg and a Master of Business Administration degree from INSEAD, Fontainebleau, France.

Kennet Carlsson

Mr. Kennet Carlsson has served as Employee Representative on the Board of Directors of AB SKF since 2008. He was previously Deputy Member of the Company's Board of Directors between 2001 and 2008. He has been employed by the Company since 1979. He also acts as Chairman of the Metalworkers' Union, SKF, Gothenburg, and of SKF World Union Committee.

Niklas Thoresson

Mr. Niklas Thoresson has served as Employee Representative on the Board of Directors of AB SKF since March 2012. He has been employed by the SKF Group since 1995. He is Chairman of Unionen, SKF, Gothenburg.

Lars Wedenborn

Mr. Lars Wedenborn has served as Member of the Board of Directors at AB SKF since February 25, 2008. He is also Chairman of the Company's Audit and Member of the Remuneration Committees. He is Chief Executive Officer of Foundation Asset Management (FAM) owned by the Wallenberg Foundations. He served as Deputy Managing Director and Chief Financial Officer (CFO) of Alfred Berg from 1991 to 2000, and as Deputy Managing Director and CFO of Investor AB from 2000 to 2007. He is Chairman of the Board of Directors at NASDAQ OMX Nordic Ltd., and Board Member of NASDAQ OMX Group USA, Hoganas, Alecta, The Grand Hotel, ELK Entertainment AB and FAM. He is also member of the council of the Stockholm Chamber of Commerce. He holds a Master of Science degree in Economics from Uppsala Universitet (University of Uppsala).

Peter Grafoner

Dr. Peter Grafoner has served as Independent Member of the Board of Directors at AB SKF since 2008. He is also Member of the Company's Remuneration Committee. He previously worked for Brown Boveri & Cie, and held several managerial and executive positions within AEG. He served as Chief Executive Officer (CEO) of Mannesmann VDO AG from 1996 to 2000, and as Deputy CEO of Linde AG between 2000 and 2001. He currently serves as Member of the Board of Directors at Symrise AG, and as Chairman of the Board of Directors at SAG Group GmbH, President of the Board of Scania Schweiz AG and Vice Chairman of Coperion GmbH. He holds a Doctorate of Philosophy degree in Engineering from Universitaet Dortmund (University of Dortmund).

Babasaheb Kalyani

Mr. Babasaheb Neelkanth (Baba) Kalyani has served as Independent Member of the Board of Directors at AB SKF since April 28, 2011. He has also been Managing Director of Bharat Forge Ltd since 1993, and has held several senior positions within Bharat Forge Ltd since 1972. He is Chairman of the Board of Directors of the Kalyani Group, Bharat Forge Ltd and a number of other companies within the Kalyani Group. He is also Member of the World Economic Forum and Founder Chairman of the Pratham Pune Education Foundation. He holds a Master of Science degree from the Massachusetts Institute of Technology in the United States and a Bachelor of Mechanical Engineering from the Birla Institute of Technology in India.

Jouko Karvinen

Mr. Jouko Karvinen has served as Independent Member of the Board of Directors at AB SKF since April 29, 2010. He is also Member of the Company's Remuneration Committee. He has been employed by the ABB Group Limited since 1987 and he has held a number of posts there. He was Head of the Automation Technology Products Division and Member of the ABB Executive Committee from 2000 until 2002, as well as President and Chief Executive Officer (CEO) of Philips Medical Systems in the United States between 2002 and 2006. He was appointed to the Management Board of Royal Philips Electronics in the Netherlands in 2006. He has been CEO of Stora Enso Oyj since March 2007. He is currently Board Member of Nokia Oyj, the Finnish Forest Industries Federation and the Confederation of European Paper Industries (CEPI), and Member of the Business Co-Operation Council, as well as Co-Chairman of Forest Industry Task Force, EU-Russia Industrialists’ Round Table (IRT). He holds a Master of Science degree from the Tampere University of Technology (Tampereen Teknillinen Yliopisto).

Ulla Litzen

Ms. Ulla Litzen has served as Independent Member of the Board of Directors at AB SKF since 1998. She is also Member of the Company's Audit Committee. She was Managing Director and Member of the Management Group at Investor AB from 1996 to 2001. She was President of W Capital Management AB from 2001 to 2005. She is also Member of the Board of Directors at Atlas Copco AB, Boliden AB, Alfa Laval AB, NCC AB and Husqvarna AB. She holds a Master of Science degree in Economics from Handelshogskolan i Stockholm (Stockholm School of Economics) and a Master of Business Administration degree from the Massachusetts Institute of Technology.

Joe Loughrey

Mr. Joe Loughrey has served as Independent Member of the Board of Directors at AB SKF since April 21, 2009. He held several managerial and executive positions within Cummins over 35 years, most recently as Vice Chairman of the Cummins Inc. Board from 2008 to 2009, President and Chief Operating Officer of Cummins Inc. from 2005 to 2008, and President of Cummins Engine Business from 1999 to 2005. He acts as Chairman of Hillenbrand, Inc. and of Oxfam America, Board member of the Vanguard Group, Hyster-Yale Materials Handling Inc., The V Foundation for Cancer Research and the Lumina Foundation for Education. He is Co-chair of the Chicago Council on Global Affairs Independent Task Force on Immigration Reform, Member (past Chairman 2009-2012) of the Advisory Council of the College of Arts and Letters and of the Kellogg Institute of International Studies Advisory Board at the University of Notre Dame. He holds a Bachelor of Science degree in Economics and African Studies from the University of Notre Dame.

Lena Treschow Torell

Ms. Lena Treschow Torell has served as Independent Member of the Board of Directors at AB SKF since March 20, 2007. She has been Professor at the University of Uppsala (Uppsala Universitet) and then at Chalmers University of Technology in Gothenburg (Chalmers Tekniska Hogskola). She was also Vice President of Chalmers University in Gothenburg from 1995 to 1998. She was Research Director at the Joint Research Center, European Commission in Brussels from 1998 to 2001. She was also President of the Royal Swedish Academy of Engineering Sciences (IVA) from 2001 to 2008, and from 2009 until 2011, she was Chairman of the Academy. She is Vice Chairman of the Board of AB AF, and Member of the Board of Directors at SAAB AB, Investor AB. She is also Chairman of Chalmers University of Technology and of MISTRA, the Foundation for Strategic Environmental Research. She holds a Doctorate of Philosophy degree from Goteborgs Universitet (Gothenburg University).

Marita Bjork

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