SSAB ceo Lindqvist to step down

After 26 years with SSAB, and 13 years as its president and chief executive officer, Martin Lindqvist has decided to leave the company, it informs Kallanish.

He has six months’ notice, but has agreed to stay until a successor is in place. A recruitment process will start immediately, the Swedish steelmaker says.

Lindqvist has been employed at SSAB since 1998 and served as the company’s president and ceo since 2011. Under his leadership, SSAB completed the acquisition of Finnish company Rautaruukki. In 2016, work began to transform the steel industry to fossil-free production through Hybrit, a joint venture involving SSAB, LKAB and Vattenfall.

SSAB has since then taken a policy decision to transform the entire Nordic production system to fossil-free production.

”At some point, you have to step down, and for me that time has come. In the future, I will spend more time on board assignments and advisory roles,”  Lindqvist says.

Christian Koehl Germany