{"id":34547,"date":"2025-09-24T20:09:28","date_gmt":"2025-09-24T13:09:28","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=34547"},"modified":"2025-09-24T20:09:28","modified_gmt":"2025-09-24T13:09:28","slug":"skf-redesigns-industrial-organization-to-increase-competitiveness","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=34547","title":{"rendered":"SKF redesigns Industrial organization to increase competitiveness"},"content":{"rendered":"

GOTHENBURG, Sweden<\/span><\/span>, Sept. 24, 2025<\/span><\/span> \/PRNewswire\/ — SKF is redesigning parts of the Industrial business to further increase its competitiveness and accelerate profitable growth. The new set-up, which will be implemented with immediate effect, will drive business synergies across the full value chain globally and simplify structures to accelerate execution regionally.<\/p>\n

The functions Operations and Commercial excellence are combined into one which will enable a stronger alignment, governance and end-to-end execution across the full value chain. The business area Independent and Emerging Businesses will be discontinued. Its stand-alone entities will be organized in Specialized Industrial Solutions to further strengthen these strategic core businesses as they are tailored according to respective business and market needs.<\/p>\n

“As the separation of the Automotive business is progressing, we have the opportunity to adapt our set-up for the Industrial business. This is a natural next step in our strategic journey and with clearer and more efficient structures, we will strengthen both our strategic and commercial capabilities,” says Rickard Gustafson<\/span>, President and CEO.<\/p>\n

SKF is announcing the following changes in Group Management:<\/p>\n

Hans Landin<\/span>,<\/b> Senior Vice President, Group Commercial Excellence Bearings, is appointed to lead the new organization of stand-alone businesses and assume the role as President Specialized Industrial Solutions.<\/p>\n

Joakim Landholm<\/span>,<\/b> Senior Vice President Group Operations & Chief Sustainability Officer, will assume the role as Senior Vice President Commercial and Operations Development.<\/p>\n

Susanne Larsson<\/span>,<\/b> Senior Vice President Finance and CFO, will in addition to her current role assume the role as Chief Sustainability Officer.<\/p>\n

Thomas Fr\u00f6st<\/b>, President, Independent and Emerging Businesses, will leave Group Management today but will remain in an advisory role during a transition period.<\/p>\n

“A sharpened industrial focus will evolve our strengths and with this new organizational set-up we aim to create even more progress for our customers and for us as a company. On behalf of SKF, I would also like to thank Thomas for his valuable contribution during many years of employment in building these core businesses, and I wish him all the best for the future,” says Rickard Gustafson<\/span>.<\/p>\n

Aktiebolaget SKF
\u00a0 \u00a0 \u00a0\u00a0(publ)<\/p>\n

For further information, please contact:<\/b>
Press Relations: Carl Bjernstam, +46 31-337 2517; +46 722 201 893; carl.bjernstam@skf.com<\/a>\u00a0
Investor Relations: Sophie Arnius, +46 31-337 8072; +46 705 908072; sophie.arnius@skf.com<\/a>\u00a0<\/p>\n

This information was brought to you by Cision http:\/\/news.cision.com<\/a><\/p>\n

https:\/\/news.cision.com\/skf\/r\/skf-redesigns-industrial-organization-to-increase-competitiveness,c4238915<\/a><\/p>\n

The following files are available for download:<\/p>\n

\n\n\n\n\n\n\n\n\n\n
\n

https:\/\/mb.cision.com\/Main\/637\/4238915\/3685203.pdf<\/a><\/span><\/p>\n<\/td>\n

\n

20250924 SKF redesigns Industrial organization to increase competitiveness<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

https:\/\/news.cision.com\/skf\/i\/skf-dji-0353,c3472265<\/a><\/span><\/p>\n<\/td>\n

\n

SKF DJI 0353<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

https:\/\/news.cision.com\/skf\/i\/rickard-gustafson-president-and-ceo,c3472263<\/a><\/span><\/p>\n<\/td>\n

\n

Rickard Gustafson President and CEO<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

https:\/\/news.cision.com\/skf\/i\/hans-landin,c3472266<\/a><\/span><\/p>\n<\/td>\n

\n

Hans Landin<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

https:\/\/news.cision.com\/skf\/i\/joakimlandholm,c3472267<\/a><\/span><\/p>\n<\/td>\n

\n

JoakimLandholm<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

https:\/\/news.cision.com\/skf\/i\/susanne-larsson,c3472264<\/a><\/span><\/p>\n<\/td>\n

\n

Susanne Larsson<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

https:\/\/news.cision.com\/skf\/i\/thomas-frost,c3472268<\/a><\/span><\/p>\n<\/td>\n

\n

Thomas Frost<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n

\u00a0<\/p>","protected":false},"excerpt":{"rendered":"

<\/p>\n

GOTHENBURG, Sweden<\/span><\/span>, Sept. 24, 2025<\/span><\/span> \/PRNewswire\/ — SKF is redesigning parts of the Industrial business to further increase its competitiveness and accelerate profitable growth. The new set-up, which will be implemented with immediate effect, will drive business synergies across the full value chain globally and simplify structures to accelerate execution regionally.<\/p>\n

The functions Operations and Commercial excellence are combined into one which will enable a stronger alignment, governance and end-to-end execution across the full value chain. The business area Independent and Emerging Businesses will be discontinued. Its stand-alone entities will be organized in Specialized Industrial Solutions to further strengthen these strategic core businesses as they are tailored according to respective business and market needs.<\/p>\n

“As the separation of the Automotive business is progressing, we have the opportunity to adapt our set-up for the Industrial business. This is a natural next step in our strategic journey and with clearer and more efficient structures, we will strengthen both our strategic and commercial capabilities,” says Rickard Gustafson<\/span>, President and CEO.<\/p>\n

SKF is announcing the following changes in Group Management:<\/p>\n

Hans Landin<\/span>,<\/b> Senior Vice President, Group Commercial Excellence Bearings, is appointed to lead the new organization of stand-alone businesses and assume the role as President Specialized Industrial Solutions.<\/p>\n

Joakim Landholm<\/span>,<\/b> Senior Vice President Group Operations & Chief Sustainability Officer, will assume the role as Senior Vice President Commercial and Operations Development.<\/p>\n

Susanne Larsson<\/span>,<\/b> Senior Vice President Finance and CFO, will in addition to her current role assume the role as Chief Sustainability Officer.<\/p>\n

Thomas Fr\u00f6st<\/b>, President, Independent and Emerging Businesses, will leave Group Management today but will remain in an advisory role during a transition period.<\/p>\n

“A sharpened industrial focus will evolve our strengths and with this new organizational set-up we aim to create even more progress for our customers and for us as a company. On behalf of SKF, I would also like to thank Thomas for his valuable contribution during many years of employment in building these core businesses, and I wish him all the best for the future,” says Rickard Gustafson<\/span>.<\/p>\n

Aktiebolaget SKF
\u00a0 \u00a0 \u00a0\u00a0(publ)<\/p>\n

For further information, please contact:<\/b>
Press Relations: Carl Bjernstam, +46 31-337 2517; +46 722 201 893; carl.bjernstam@skf.com<\/a>\u00a0
Investor Relations: Sophie Arnius, +46 31-337 8072; +46 705 908072; sophie.arnius@skf.com<\/a>\u00a0<\/p>\n

This information was brought to you by Cision http:\/\/news.cision.com<\/a><\/p>\n

https:\/\/news.cision.com\/skf\/r\/skf-redesigns-industrial-organization-to-increase-competitiveness,c4238915<\/a><\/p>\n

The following files are available for download:<\/p>\n

\n\n\n\n\n\n\n\n\n\n
\n

https:\/\/mb.cision.com\/Main\/637\/4238915\/3685203.pdf<\/a><\/span><\/p>\n<\/td>\n

\n

20250924 SKF redesigns Industrial organization to increase competitiveness<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

https:\/\/news.cision.com\/skf\/i\/skf-dji-0353,c3472265<\/a><\/span><\/p>\n<\/td>\n

\n

SKF DJI 0353<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

https:\/\/news.cision.com\/skf\/i\/rickard-gustafson-president-and-ceo,c3472263<\/a><\/span><\/p>\n<\/td>\n

\n

Rickard Gustafson President and CEO<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

https:\/\/news.cision.com\/skf\/i\/hans-landin,c3472266<\/a><\/span><\/p>\n<\/td>\n

\n

Hans Landin<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

https:\/\/news.cision.com\/skf\/i\/joakimlandholm,c3472267<\/a><\/span><\/p>\n<\/td>\n

\n

JoakimLandholm<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

https:\/\/news.cision.com\/skf\/i\/susanne-larsson,c3472264<\/a><\/span><\/p>\n<\/td>\n

\n

Susanne Larsson<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

https:\/\/news.cision.com\/skf\/i\/thomas-frost,c3472268<\/a><\/span><\/p>\n<\/td>\n

\n

Thomas Frost<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

\u00a0<\/p>\n

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