Per Lindberg appointed CEO of Epiroc, the company Atlas Copco plans to dividend out in 2018
Stockholm, Sweden, July 18, 2017: The Board of Directors of Atlas Copco AB has appointed Per Lindberg as the first President and CEO of Epiroc AB, a subsidiary of Atlas Copco AB. He will start in this position latest in the first quarter of 2018.
Per Lindberg is currently the President and CEO of BillerudKorsnäs AB, a leading supplier of renewable packaging materials and solutions.
“Per is a strong leader with a solid industrial experience and a long track record of successfully developing companies in a competitive international environment,” said Hans Stråberg, Chair of Atlas Copco’s Board of Directors. “The Board is pleased to have found a CEO that can position Epiroc in a professional way and further develop the business.”
Atlas Copco in January 2017 announced plans to propose a split of the Group into two companies, Atlas Copco and Epiroc. The decision to split the company will be taken at the Annual General Meeting in April 2018. Provided shareholders agree, Atlas Copco will stay focused on industrial customers, and Epiroc, the company to be dividended out, will be a leading productivity partner for customers in mining, infrastructure and natural resources.
For more information please contact:
Ola Kinnander, Media Relations Manager
+46 8 743 8060 or +46 70 347 2455
This information is information that Atlas Copco AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the contact person set out above, at 7.00 am CEST on July 18, 2017.
Atlas Copco is a world-leading provider of sustainable productivity solutions. The Group serves customers with innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems. Atlas Copco develops products and services focused on productivity, energy efficiency, safety and ergonomics. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 180 countries. In 2016, Atlas Copco had revenues of BSEK 101 (BEUR 11) and about 45 000 employees. Learn more at www.atlascopcogroup.com.