Sandvik Coromant Announces New Strategic Direction


Fair Lawn, N.J. - Sandvik Coromant, the market-leading producer of tools for the metal-cutting industry, has announced a new regionalized business structure that will improve efficiency, growth and profit with a stronger and more enhanced focus on growth.

As previously announced, John Israelsson will lead the new regional organization as President of Market Area Americas for Sandvik Coromant. In line with the new structure, the Market Area Americas management structure will comprise of the following appointments:

o Jamie Price, President of USA

o Claudio Camacho, President of sub-market area South and Central America, responsible for Brazil, Argentina, Chile and Latin America

o Ross Carpino and Carlos Velazquez continue in their current roles, responsible for Canada and Mexico respectively

In addition, functional groups will be formed led by:

o Ignacio Telleria, Vice President of Engineering

o Brian Norris, Vice President of Business Development

o Davina Davad, Vice President of Operations

o Robert Fischer, Vice President of Strategic Accounts

o Björn Roodzant, Senior Manager for the global web

o Ester Codina, Marketing and Communication Manager

"We are confident that this new business structure will exemplify our desire and commitment to remain at the forefront of the marketplace," said John Israelsson, President of Market Area Americas. "The new regionalized and simplified structure will enable us to drive efficiency and increase business success."

About Sandvik Coromant

Sandvik Coromant is a global leading supplier of cutting tools, tooling solutions and know-how to the metalworking industry. With extensive investments in research and development we create unique innovations and set new productivity standards together with our customers. These include the world's major automotive, aerospace and energy industries. Sandvik Coromant has 8,000 employees and is represented in 130 countries. We are part of the business area Sandvik Machining Solutions within the global industrial group Sandvik.

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