Tom Erixon, 40, has been appointed manager of a newly established group within Sandvik, Corporate Business Development and IT. He will assume his new position on 1 August 2001. As of the same date, he will become a member of Group Executive Management. Mr Erixon had a long career within the Boston Consulting Group (BCG), most recently as Managing Partner for BCG in Denmark and Practice Leader for the Industrial Goods Sector within the Nordic countries. He holds a Master of Laws degree from Lund University in Sweden and an MBA from the IESE Business School, Barcelona, Spain.