Tomas Eliasson, executive vice president and chief financial officer (CFO) of Sandvik has decided to leave his position after more than five years in the Group.

‘Tomas Eliasson has […] played an essential role in the decentralization of Sandvik and in making the company more agile and flexible,’ said Stefan Widing, president and CEO. ‘Tomas has established a very solid governance model for us to ensure strong results in our different divisions and to deliver stable margins as a group over time.’

Cecilia Felton, currently vice president group control, will serve as the company’s interim CFO.

This story uses material from Sandvik; with editorial changes made by Materials Today.