Posted March 15, 2017

Sandvik names new Machining Solutions president

Klas Forsström has been appointed new president for Sandvik's business area Sandvik Machining Solutions and member of the Group Executive Management.

Klas Forsström has been with the Sandvik group for approximately 25 years. He is currently the president of Sandvik Coromant, a global supplier of metal cutting tools, where he has worked most of his career.

In addition, he has held managerial positions within other product areas such as Dormer and Sandvik Hard Materials (today Sandvik Hyperion). He has been involved in research and development, marketing, business development and sales.

"I am pleased that Klas Forsström will take on this new role since he is a very skilled and experienced business leader, which he has proved during many successful years with among others Sandvik Coromant. Now he gets a responsibility to lead the entire development of Sandvik Machining Solutions," said Björn Rosengren, Sandvik's president and CEO.

Klas Forsström, age 49, starts in his new position April 1, 2017. He succeeds Jonas Gustavsson, who will leave the company for an external position.

Sandvik Machining Solutions, comprising Sandvik Coromant, Seco Tools, Dormer Pramet, Walter, Powder and Blanks Technology as well as the new product area Additive Manufacturing, had sales of around 33 billion SEK and approximately 18,000 employees in the previous year.