SKF Consolidates Organisational Structure and Group Management

GOTHENBURG, Sweden, March 13, 2017 /PRNewswire/ -- SKF today announces the following steps to consolidate its organisational structure and Group Management. The changes will further simplify SKF's technology development organisation and accelerate customer-driven innovation.

The Group Technology function will be combined with the Business and Product Development function. Victoria Van Camp, previously President, Business and Product Development, will take on responsibility for the combined organisation.

Bernd Stephan, previously Senior Vice President, Group Technology, has been appointed President, Automotive and Aerospace.

Stéphane Le Mounier, previously President, Automotive and Aerospace, will take up a new role as advisor to Alrik Danielson, President and CEO. Stéphane will no longer be part of SKF's Group Management.

Alrik Danielson says: "These changes will help accelerate innovation and commercialisation of new technologies. I would like to thank Stéphane for his hard work in supporting the operational improvement within our automotive and aerospace businesses." 

All changes are made with immediate effect.

Aktiebolaget SKF
     (publ)

For further information, please contact:
PRESS: Theo Kjellberg,
Director, Press Relations
tel: 46 31 337 6576
mobile: 46 725-776576
e-mail: theo.kjellberg@skf.com

INVESTOR RELATIONS:
Patrik Stenberg
Head of Investor Relations
Patrik Stenberg
46 31-337 2104; 46 705-472 104
patrik.stenberg@skf.com

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