{"success":true,"data":{"pressRelease":{"id":"138715","rtpr_id":"nWkr8wzX0f-20260909","ticker":"SAND","exchange":"Nasdaq Stockholm","all_tickers":["SAND"],"title":"Nadine Crauwels, President Machining, to leave Sandvik","author":"Cision","published_at":"2026-09-09T09:00:11.241Z","article_body":"Sandvik\nThe President of business area Machining, Nadine Crauwels, has decided to\nleave Sandvik to pursue a new phase in her career.\n\nNadine, who joined Sandvik in 2000, will stay in her position until a\nsuccessor is in place, after which she will continue for a period in an\nadvisory role to ensure a good transition. The recruitment process to find a\nsuccessor has been initiated, with the ambition to have the new President of\nbusiness area Machining in place before the end of 2026.\n\nNadine has held several senior leadership positions within the company,\nincluding President of Sandvik Coromant and since 2020 her current role as\nPresident of business area Machining.\n\n“Nadine Crauwels has been a highly appreciated colleague, and she has made\nstrong contributions over the years in developing our Machining business. She\nhas been a pivotal member of the Group Executive Management. Nadine has\ncontributed with her strong leadership capabilities and managed a challenging\nperiod with significantly improved business resilience, while driving a strong\nstrategic agenda accelerating the ability to capture future growth\nopportunities. We both agree that it is a good timing for the change, as we\nare in the beginning of a new strategic period that will last for the next 5\nyears. I wish her all the best for the future as she now moves on to new\nopportunities outside Sandvik,” says Stefan Widing, President and CEO of\nSandvik.\n\nStockholm, September 9, 2026\n\nSandvik AB\n\n\nFor further information, contact Louise Tjeder, VP Investor relations, phone:\n+46 (0) 70782 6374 or Johannes Hellström, Press and Media Relations Manager,\nphone: +46 (0) 70721 1008\n\nSandvik Group\nSandvik is a global, industrial technology group providing solutions that\nenhance productivity, profitability and sustainability for the manufacturing,\nmining and infrastructure industries. We are at the forefront of\ndigitalization and focus on optimizing our customers’ processes. Our\nworld-leading offering includes equipment, tools, services and digital\nsolutions for machining, mining, rock excavation and rock processing. In 2025\nthe Group had approximately 42,000 employees and revenues of about SEK\n121 billion in more than 150 countries.\n\nhttps://news.cision.com/sandvik/r/nadine-crauwels--president-machining--to-leave-sandvik%2Cc4393555\n\nNadine Crauwels, President Machining, to leave Sandvik\n(https://mb.cision.com/Main/208/4393555/4259443.pdf)\n\n\n\n(c) Cision 2026","article_body_html":"","raw_payload":{"data":{"id":"nWkr8wzX0f-20260909","title":"Nadine Crauwels, President Machining, to leave Sandvik","author":"Cision","ticker":"SAND","created":"2026-09-09T09:00:11.241Z","tickers":["SAND"],"exchange":"Nasdaq Stockholm","article_body":"Sandvik\nThe President of business area Machining, Nadine Crauwels, has decided to\nleave Sandvik to pursue a new phase in her career.\n\nNadine, who joined Sandvik in 2000, will stay in her position until a\nsuccessor is in place, after which she will continue for a period in an\nadvisory role to ensure a good transition. The recruitment process to find a\nsuccessor has been initiated, with the ambition to have the new President of\nbusiness area Machining in place before the end of 2026.\n\nNadine has held several senior leadership positions within the company,\nincluding President of Sandvik Coromant and since 2020 her current role as\nPresident of business area Machining.\n\n“Nadine Crauwels has been a highly appreciated colleague, and she has made\nstrong contributions over the years in developing our Machining business. She\nhas been a pivotal member of the Group Executive Management. Nadine has\ncontributed with her strong leadership capabilities and managed a challenging\nperiod with significantly improved business resilience, while driving a strong\nstrategic agenda accelerating the ability to capture future growth\nopportunities. We both agree that it is a good timing for the change, as we\nare in the beginning of a new strategic period that will last for the next 5\nyears. I wish her all the best for the future as she now moves on to new\nopportunities outside Sandvik,” says Stefan Widing, President and CEO of\nSandvik.\n\nStockholm, September 9, 2026\n\nSandvik AB\n\n\nFor further information, contact Louise Tjeder, VP Investor relations, phone:\n+46 (0) 70782 6374 or Johannes Hellström, Press and Media Relations Manager,\nphone: +46 (0) 70721 1008\n\nSandvik Group\nSandvik is a global, industrial technology group providing solutions that\nenhance productivity, profitability and sustainability for the manufacturing,\nmining and infrastructure industries. We are at the forefront of\ndigitalization and focus on optimizing our customers’ processes. Our\nworld-leading offering includes equipment, tools, services and digital\nsolutions for machining, mining, rock excavation and rock processing. In 2025\nthe Group had approximately 42,000 employees and revenues of about SEK\n121 billion in more than 150 countries.\n\nhttps://news.cision.com/sandvik/r/nadine-crauwels--president-machining--to-leave-sandvik%2Cc4393555\n\nNadine Crauwels, President Machining, to leave Sandvik\n(https://mb.cision.com/Main/208/4393555/4259443.pdf)\n\n\n\n(c) Cision 2026"},"type":"article","timestamp":"2026-09-09T09:00:11.336128879Z","server_sent_at_ms":1788944411336},"received_at":"2026-09-09T09:00:11.387Z","source_url":"https://news.cision.com/sandvik/r/nadine-crauwels--president-machining--to-leave-sandvik%2Cc4393555"},"analysis":{"id":"127557","press_release_id":"138715","analysis_json":{"industry":{"label":"Machinery","sector":"Industrials"},"redFlags":["No successor named yet; recruitment underway with target of before end of 2026","Departure of a 25-year veteran who led the Machining business area through a major resilience turnaround"],"eventType":"executive_change","narrative":"Nadine Crauwels, President of Sandvik's business area Machining, is leaving the company to pursue a new phase in her career.\n\nCrauwels joined Sandvik in 2000, previously led Sandvik Coromant, and has headed the Machining business area since 2020; she will stay in her role until a successor is in place and then serve for a period in an advisory role.\n\nThe recruitment process has been initiated with the goal of having the new President of Machining in place before the end of 2026, a change both Crauwels and CEO Stefan Widing describe as well-timed given the start of a new five-year strategic period.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Orderly succession at Sandvik's Machining division as a 25-year veteran departs at the start of a new strategic cycle."},"keyFigures":{"revenue":"SEK 121 billion","customDimensions":{"joined_company":2000,"group_countries":"more than 150","successor_target":"before the end of 2026","group_employees_2025":42000,"machining_president_since":2020,"new_strategic_period_years":5}},"quotedText":"We both agree that it is a good timing for the change","namedEntities":{"people":[{"name":"Nadine Crauwels","role":"President of business area Machining (departing); previously President of Sandvik Coromant"},{"name":"Stefan Widing","role":"President and CEO of Sandvik"},{"name":"Louise Tjeder","role":"VP Investor Relations"},{"name":"Johannes Hellström","role":"Press and Media Relations Manager"}],"products":[],"companies":[{"name":"Sandvik AB","ticker":"SAND","relationship":"filer"},{"name":"Sandvik Coromant","relationship":"business unit of Sandvik"}],"dollarAmounts":[{"amount":"SEK 121 billion","context":"Sandvik Group revenues in 2025 (about)"}]},"materialImpact":{"score":3,"reasoning":"Departure of the President of Sandvik's Machining business area, a 25-year veteran and member of Group Executive Management. Not a group CEO/CFO exit; the transition is amicable with a structured succession plan and a named timeline, limiting disruption risk."},"tickerRelevance":{"others":[],"primary":"SAND"},"globalImportance":30,"audienceRelevance":25,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"large-cap European industrial","eventGravity":"divisional-president-departure","groupCeoChange":false,"successionPlanned":true,"amicalbeTransition":true}},"event_type":"executive_change","event_type_secondary":null,"sentiment":"neutral","material_impact_score":3,"narrative":"Nadine Crauwels, President of Sandvik's business area Machining, is leaving the company to pursue a new phase in her career.\n\nCrauwels joined Sandvik in 2000, previously led Sandvik Coromant, and has headed the Machining business area since 2020; she will stay in her role until a successor is in place and then serve for a period in an advisory role.\n\nThe recruitment process has been initiated with the goal of having the new President of Machining in place before the end of 2026, a change both Crauwels and CEO Stefan Widing describe as well-timed given the start of a new five-year strategic period.","key_figures":{"revenue":"SEK 121 billion","customDimensions":{"joined_company":2000,"group_countries":"more than 150","successor_target":"before the end of 2026","group_employees_2025":42000,"machining_president_since":2020,"new_strategic_period_years":5}},"named_entities":{"people":[{"name":"Nadine Crauwels","role":"President of business area Machining (departing); previously President of Sandvik Coromant"},{"name":"Stefan Widing","role":"President and CEO of Sandvik"},{"name":"Louise Tjeder","role":"VP Investor Relations"},{"name":"Johannes Hellström","role":"Press and Media Relations Manager"}],"products":[],"companies":[{"name":"Sandvik AB","ticker":"SAND","relationship":"filer"},{"name":"Sandvik Coromant","relationship":"business unit of Sandvik"}],"dollarAmounts":[{"amount":"SEK 121 billion","context":"Sandvik Group revenues in 2025 (about)"}]},"model_name":"glm-5.3-flash","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-09T09:01:19.233Z","global_importance":30,"audience_relevance":25,"importance_components":{"tickerTier":"large-cap European industrial","eventGravity":"divisional-president-departure","groupCeoChange":false,"successionPlanned":true,"amicalbeTransition":true}},"durationMs":67838,"modelName":"glm-5.3-flash"}}