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Name | Symbol | Market | Type |
---|---|---|---|
Sandvik AB (PK) | USOTC:SDVKY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.09 | 0.45% | 20.19 | 20.10 | 20.25 | 20.24 | 20.11 | 20.126 | 88,676 | 21:00:24 |
DOW JONES NEWSWIRES
Swedish engineering company Sandvik AB (SAND.SK) said Friday it has appointed Mats Backman new Chief Financial Officer, effective Oct. 1.
MAIN FACTS:
-Mr. Backman is currently Vice President Finance, IT and Business Development for the business area Sandvik Machining Solutions.
-He has held leading positions at Sandvik since 2007 and previously held leading positions with Outokumpu Oyj (OUT1V.HE), Nordea AB (NDA.SK) and Boliden AB (BOL.SK).
-He will succeed Emil Nilsson, who has decided to pursue other opportunities outside Sandvik.
-At 1105 GMT, shares in Sandvik were down 0.1% at SEK91.35 against a 0.2% rise in the wider Stockholm market.
Write to Gustav Sandstrom at gustav.sandstrom@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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