– SWEDEN, Värnamo – Bufab AB (STO: BUFAB) today announced the appointment of Erik Lundén as its new President and CEO effective on 15 August 2022, to succeed acting President and CEO, Johan Lindqvist who will assume the role of vice-President and deputy-CEO.
“It is with great pleasure Bufab’s Board of Directors present Erik Lundén as the new President and CEO for Bufab. Erik’s solid experience from senior positions, primarily within Sandvik in combination with his personal qualities and proven leadership skills as well as his business acumen when it comes to creating growth, is well suited to Bufab’s future needs. We look forward to developing the Group together with Erik,” said Board Chairman, Bengt Liljedahl.
About Erik Lundén
Erik Lundén is currently Division Manager for Parts & Services at Sandvik Mining & Rock Solutions in the Netherland. He was born in 1981 and holds a master’s degree from the School of Business in Stockholm. During his eight years at Sandvik, he has held several senior positions internationally, and before Sandvik, Erik worked for several years as a management consultant at Lagerkvist & Partners in Stockholm.
“I feel very honored and happy to have the trust as President and CEO of Bufab. Bufab is an interesting and fine company with great potential. I have followed Bufab’s strong development since the IPO in 2014 and look forward to further developing Bufab together with group management and all employees in the future. “, said Erik Lundén.
Bufab AB is a trading company that offers its customers a full-service solution as a Supply Chain Partner for sourcing, quality control, and logistics for C-Parts (screws, nuts, etc.). Bufab’s Global Parts ProductivityTM customer offering aims to improve productivity in the customers’ value chain for C-Parts.
Bufab was founded in 1977 in Småland and is an international company with operations in 28 countries. The head office is located in Värnamo, Sweden, and Bufab has about 1,500 employees. Bufab’s net sales for the past 12 months amounted to SEK 5,9 billion and the operating margin was 11.8 percent.
For more information: https://www.bufab.com/
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