SKF announces changes to Group Management

Gothenburg, 20 July 2022: SKF announces the following changes to Group Management:

Patrick Tong, President, China and Northeast Asia, is retiring from SKF. Patrick joined SKF in 1989 and he will remain in his role during the third quarter, to ensure a handover to his successor, who will be announced in due course.

Kent Viitanen, President, EMEA is leaving SKF. Kent joined SKF in 1988 and is succeeded on an interim basis by Aldo Cedrone, currently Head of Ball Bearing Operations and Managing Director of SKF Italy. Kent will remain in an advisory role during a transition period. A formal successor will be announced in due course.

Rickard Gustafson, President and CEO, says: “I would like to thank both Patrick and Kent for their many years of service and commitment to SKF. On behalf of all my colleagues in SKF, I wish them well in the future.”

Aktiebolaget SKF
      (publ)

For further information, please contact:
PRESS: Carl Bjernstam, Group Communication
tel: 46 31-337 2517; mobile: 46 722-201 893; e-mail: carl.bjernstam@skf.com

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

SKF’s mission is to be the undisputed leader in the bearing business. We do this by offering solutions that reduce friction and CO2 emissions, whilst at the same time increasing machine uptime and performance. Our products and services around the rotating shaft include bearings, seals, lubrication management, artificial intelligence and wireless condition monitoring. SKF is represented in more than 130 countries and has around 17,000 distributor locations worldwide. Annual sales in 2021 were SEK 81,732 million and the number of employees was 42,602. www.skf.com

® SKF is a registered trademark of the SKF Group.