New CFO and Executive VP appointed to Sandvik

Mats Backman has been appointed Executive Vice President and Chief Financial Officer of Sandvik and member of the Group Executive Management, effective October 1, 2013.
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, Nordea and Boliden.
“Mats Backman has extensive experience from relevant industries and companies. With this strong background and experience base, he is a highly suitable person to continue the work to take our finance function forward. He will also take a leading role in driving the further progress of the Sandvik Group in general.” said President and CEO of Sandvik, Olof Faxander.
Backman will succeed Emil Nilsson, who has decided to pursue other opportunities outside Sandvik.
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