SKF announces changes to Group Management

Niclas Rosenlew,Senior Vice President and CFO of SKF Group has decided to leave the company and will continue his career outside SKF. Niclas will remain in his current position at SKF until January 2025.

”On behalf of SKF I would like to thank Niclas for his valuable contribution, and I wish him all the best in the future,” says Rickard Gustafson, President and CEO.

A recruitment process to identify a successor has been initiated.

SKF is a world-leading provider of innovative solutions that help industries become more competitive and sustainable. By making products lighter, more efficient, longer lasting, and repairable, we help our customers improve their rotating equipment performance and reduce their environmental impact. Our offering around the rotating shaft includes bearings, seals, lubrication management, condition monitoring, and services. Founded in 1907, SKF is represented in approximately 129 countries and has around 17,000 distributor locations worldwide. Annual sales in 2023 were SEK 103,881 million and the number of employees was 40,396.