Sandvik: Head of Construction Unit Thomas Schulz is Leaving
December 03 2012 - 10:01AM
Dow Jones News
Sandvik AB (SAND.SK) Monday said Thomas Schulz, head of the
Swedish engineering group's construction business, will leave the
company to become chief executive of Danish engineering company
FLSmidth & Co A/S (FLS.KO).
MAIN FACTS:
-- Thomas Schulz has worked for Sandvik since 2001 and held
various positions within the construction business.
-- The search for a successor has been initiated.
-- At 1424 GMT shares traded 0.8% higher at SEK100.20.
Write to Katarina Gustafsson at
katarina.gustafsson@dowjones.com
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