Sandvik Manufacturing Solutions CEO to Depart in August - Modern Distribution Management

Sandvik Manufacturing Solutions CEO to Depart in August

Sandvik Manufacturing Solutions CEO Christophe Sut will join Scanfil as its new CEO.

Sandvik Manufacturing Solutions president Christophe Sut will leave Sandvik to become CEO of Scanfil, an electrical and electronics manufacturer based in Sievi, Finland.

Christophe Sut

Sweden-based cutting tools manufacturer Sandvik announced Feb. 11 in a news release that Sut would be leaving to become CEO of a different company as of Aug. 11, 2023. Sut has been president of Sandvik Manufacturing Solutions, which is Sandvik’s Business Area segment, since October 2021. Sandvik has initiated its search for a successor, according to the release.

“Christophe Sut has made a strong contribution during his time at Sandvik, strengthening our digital manufacturing offering,” Sandvik president and CEO Stefan Widing said in the release.
“He has been an appreciated member of the Group Executive Management. While we of course would have liked to see him stay at Sandvik, this also shows our capability to build excellent leaders within Sandvik. I wish him all the best for the future.”

Scanfil confirmed in a separate news release that Sut will take over as CEO no later than Sept. 1, 2023. Current CEO Petteri Jokitalo will continue in his role until Sut joins the company, after which Jokitalo will act as an advisor to Scanfil’s board of directors, according to the release.

“I am honored to be appointed as the new CEO of Scanfil. It is one of the top players in the European EMS industry,” Sut said in the release. “The company is financially strong and fast growing. It is a highly appreciated business partner among its customers and suppliers, and a respected employer among its employees. We have all the elements to build future success.”

“On behalf of the Board, I would like to welcome Christophe to the company,” Scanfil board chair Harri Takanen said in the release. “We are delighted to get him on board and lead Scanfil to the next phase of international growth and margin improvement.”

MDM’s M&A Virtual Summit, to be held Feb. 22-23, has something to offer for any distributor on the dealmaking spectrum. We’ll cover the current state of M&A; how to maximize valuation; integration do’s and don’ts; ESOPs; the culture side of the M&A process; and more. Get details and register here.

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!