Sandvik Appoints Cecilia Felton as EVP and New Chief Financial Officer

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STOCKHOLM, Sweden, Feb 2, 2022 – Sandvik has appointed Cecilia Felton as Executive Vice President and Chief Financial Officer, CFO, effective February 1, 2022. Cecilia Felton, who has served as interim CFO since November 1, 2021, will also be a member of the Group Executive Management.

Cecilia Felton

“I am very pleased that we are appointing Cecilia Felton as Chief Financial Officer. She is a highly appreciated colleague and a strong leader, and I am confident that she with her solid background and extensive expertise will contribute significantly as we continue to execute our shift to growth strategy ”, says Stefan Widing, President and CEO of Sandvik.

Cecilia Felton, born 1984, has been with the Sandvik Group since 2013. She has been Vice President of Group Control since 2018, and previously held the positions as Director of Group M&A and investments as well as Director of Group Business Control at Sandvik. Before joining Sandvik she worked at Ernst & Young in London (2007-2013). She is a chartered accountant and holds a Bachelor of Science in Environmental Policy and Economics from the London School of Economics.

About Sandvik Group

Sandvik is a high-tech and global engineering group offering products and services that enhance customer productivity, profitability and sustainability. We hold world-leading positions in selected areas – tools and tooling systems for metal cutting; equipment and tools, service and technical solutions for the mining industry and rock excavation within the construction industry; products in advanced stainless steels and special alloys as well as products for industrial heating. In 2020, the Group had approximately 37,000 employees and revenues of about 86 billion SEK in more than 160 countries within continuing operations. For more information, visit https://www.home.sandvik/en.