Group Executive Committee

The Group Executive Committee is responsible for the formulation and implementation of the Group’s overall strategies and addresses issues such as acquisitions and divestments. These issues, as well as major capital expenditures (in excess of SEK 50 million), are prepared by the Group Executive Committee for decision by the Board of Directors of the parent company.

The President is responsible for the day-to-day management of the Company in accordance with the Board of Directors’ instructions and guidelines. The Group Executive Committee consists of:

President & CEO
Executive Vice President & Head of SSAB Europe
Executive Vice President & Head of SSAB Americas
Executive Vice President & Head of SSAB Special Steels
Executive Vice President and Head of Legal
Executive Vice President and Chief Financial Officer
Executive Vice President and Head of People, Culture and Communication
Executive Vice President and Head of Research and Innovation
Executive Vice President and Head of Strategy and Digitalization
Executive Vice President and Chief Technical Officer
Executive Vice President and Head of Sustainability

The Group Executive Committee holds monthly meetings in order to discuss the results and financial position of the Group as well as divisions/subsidiaries. Other issues addressed at Group Executive Committee meetings include strategic issues and follow-up on budget and forecasts.

The head of each division and subsidiary is responsible for the respective income statement and balance sheet. Overall operational control of the divisions takes place through quarterly performance reviews and, in Ruukki Construction and Tibnor, through each Board of Directors. The President of the parent company is the Chairman of the Board of each of the directly-owned major subsidiaries and these boards also include other members from the Group Executive Committee as well as employee representatives. The Boards of the subsidiaries monitor the ongoing operations and determine strategies and budgets.

Martin Lindqvist

President & CEO

BSc (Economics), Uppsala University

Born 1962
Nationality: Swedish

Member of the Group Executive Committee since 2001.
Employed at SSAB since 1998.

Previously: Head of business area: SSAB EMEA,
Head of business area: SSAB Strip Products,
CFO: SSAB AB, CFO: SSAB Strip and Chief Controller: NCC.

Shareholding (SSAB, as at Dec 31, 2017): 11,709 A shares, 21,023 B shares

Olavi Huhtala

EVP & Head of SSAB Europe

BSc (Engineering)

Born 1962
Nationality: Finnish

Member of the Group Executive Committee since 2014.
Employed at SSAB/Rautaruukki since 1987.

Previously: EVP: Ruukki Metals, President: Ruukki Fabrication and
Executive roles in Sales and Production: Rautaruukki Metform.

Shareholding (SSAB, as at Dec 31, 2017): 17,578 A shares, 72,873 B shares

Charles Schmitt

EVP & Head of SSAB Americas

BSc (Business Administration/Finance)
The University of Texas at Arlington, two-year steel fellowship at the American Iron and Steel Institute.

Born 1959
Nationality: American

Member of the Group Executive Committee since 2011.
Employed at SSAB/IPSCO since 1990.

Previously: Several positions: US Steel Corporation and VP of the Southern Business Unit: SSAB Americas.

Shareholding (SSAB, as at Dec 31, 2017): 3,000 B shares

Per Olof Stark

EVP & Head of SSAB Special Steels

MSc, KTH Royal Institute of Technology, Stockholm

Born 1954
Nationality: Swedish

Member of the Group Executive Committee since 2014.
Employed at SSAB since 1983.

Previously: Head of business unit: SSAB Wear Services,
President: wholly owned subsidiary Plannja,
Head of marketing: SSAB’s former Plate Division,
Head of business area: Europe and the US and
Head of global Marketing, Head of Sales and Product development: SSAB Plate.

Shareholding (SSAB, as at Dec 31, 2017): 2,000 A shares, 1,750 B shares

Jonas Bergstrand

Executive Vice President and Head of Legal and Procurement

LLM, Uppsala University

Born 1965
Nationality: Swedish

Member of the Group Executive Committee since 2006.
Employed at SSAB since 2006.

Previously: Corporate counsel ABB, OM Gruppen and Ericsson Radio Systems.
Shareholding (SSAB, as at Dec 31, 2017): 19,125 B shares

Håkan Folin

Executive Vice President and Chief Financial Officer

MSc, KTH Royal Institute of Technology, Stockholm

Born 1976
Nationality: Swedish

Member of the Group Executive Committee since 2013.
Employed at SSAB since 2006.

Previously: CFO: SSAB APAC, CFO: Tibnor and
Head of Business Development: SSAB.

Shareholding (SSAB, as at Dec 31, 2017): 11,000 B shares

Christina Friborg

Executive Vice President and Head of Sustainability

LLM, Uppsala University

Born 1969
Nationality: Swedish

Member of the Group Executive Committee since 2018.
Employed at SSAB since 2018.

Previously: Head of Sustainable Business at Sandvik, founder and partner at Ethos International and various positions at Sida, UNHCR and OSCE.

Shareholding (SSAB, as at September 25, 2018): 4,500 B shares

Maria Långberg

Executive Vice President, People, Culture and Communication

BSc (Business Administration), Uppsala University
MBA, Stockholm School of Economics

Born 1970
Nationality: Swedish

Member of the Group Executive Committee since 2016.
Employed at SSAB since 2013.

Previously: President Merox and VP Group Sustainability, SSAB,
EVP & Head of Group Communications, SSAB,
Senior Consultant, JKL, SVP Group Communications, Gambro.

Shareholding (SSAB, as at Dec 31, 2017): 3,826 B shares

Martin Pei

Executive Vice President and CTO

PhD, The Royal Institute of Technology, Stockholm

Born 1963
Nationality: Swedish

Member of the Group Executive Committee since 2007.
Employed at SSAB since 2001.

Previously: Head of business area SSAB APAC, EVP, Technical Director: SSAB,
Manager R&D Department: SSAB and General Manager, Slab Production: SSAB Plate.

Shareholding (SSAB, as at Dec 31, 2017): 300 A shares, 700 B shares

Eva Petursson

Executive Vice President, Research and Innovation

Civil engineer and PhD in Steel Structures, Luleå University of Technology

Born 1968
Nationality: Swedish

Member of the Group Executive Committee since 2018.
Employed at SSAB since 2005.

Previously: Assistant professor in Steel Structures at Luleå
University of Technology, Design specialist and research leader at SSAB Knowledge Service Center, Head of Strategic R&D at SSAB.

Shareholding (SSAB, as at Apr 3, 2018): 500 B shares

Viktor Strömberg

Executive Vice President, Strategy and Digitalization

MBA, INSEAD, France and MSc in Industrial Engineering & Management,
Linköping University

Born 1973
Nationality: Swedish

Member of the Group Executive Committee since 2018.
Employed at SSAB since 2011.

Previously: Associate Partner at McKinsey & Company, product manager at SAP and consultant at IBM.

Shareholding (SSAB, as at Apr 3, 2018): 2,000 B shares

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