Atlas Copco President, CEO Mats Rahmstrom to Step Down in April
Provided by
Dow Jones
By Joe Hoppe
Atlas Copco said President and Chief Executive Officer Mats Rahmstrom will step down and leave the company at the end of April.
The Swedish industrial-tool maker said it will start the recruitment process for a successor, with Rahmstrom remaining fully committed to the role until April 30.
"The company is well positioned to continue to create value for shareholders as well as customers, and I have very much appreciated working with [Rahmstrom]," said Chairman Hans Straberg.
Write to Joe Hoppe at joseph.hoppe@wsj.com
(END) Dow Jones Newswires
November 24, 2023 03:05 ET (08:05 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.-
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