Håkan Buskhe Steps In as Chair of SKF Automotive Board

Author: Dylan Bailey Updated: 09-18-2025 07:43 AM

Håkan Buskhe to Lead as Chair of SKF Automotive

The SKF Board of Directors has officially announced the appointment of Håkan Buskhe as the new Chair of the Board for the Automotive business. This pivotal move signifies a strategic approach to strengthening the business as it embarks on a journey toward becoming an independent entity.

Strategic Shift for SKF Automotive

In a recent statement, the Board revealed plans to separate the Automotive division to allow for a distinct listing on a major stock exchange. This initiative, formulated through a Lex Asea distribution, is pending approval from shareholders, reflecting SKF's commitment to enhancing corporate structure and shareholder value.

Progressing Towards Independence

"This is a natural progression as we work towards an independent Automotive division that reflects its unique potential," remarked Hans Stråberg, Chair of the SKF Board of Directors. The transition aims to leverage the specific strengths and market opportunities of the Automotive business as it sets out on its new path.

Håkan Buskhe: A Proven Leader

Bringing a wealth of experience in industry leadership, Håkan Buskhe currently serves as CEO of FAM AB and holds several prominent positions, including Vice Chair of AB SKF. His extensive background positions him well to lead the Automotive division through its exciting transformation ahead.

Building Future Success

Alongside his numerous roles, Buskhe's leadership in various organizations demonstrates his ability to guide the Automotive business into a new era of operational excellence and market competitiveness. His reputation for fostering innovation and driving growth is expected to significantly benefit SKF Automotive during this transition.

Looking Ahead

Further details regarding the separation of the Automotive business will be discussed during SKF's upcoming Capital Markets Day, providing investors and stakeholders with insights into future growth strategies and objectives. This pivotal event is set to shed light on how SKF plans to navigate the evolving market landscape.

Contact Information for Further Inquiries

For those interested in learning more about these developments, SKF encourages direct communication through their corporate press relations team. They are available to provide insights and answer inquiries regarding the upcoming changes to the Automotive business.

Frequently Asked Questions

Who is Håkan Buskhe?

Håkan Buskhe is the newly appointed Chair of the Automotive business at SKF and has extensive leadership experience in various sectors.

What is the significance of SKF's separation of the Automotive division?

The separation is intended to allow better focus on the Automotive segment, facilitating growth and achieving independence in the market.

When will more information on the Automotive business separation be available?

Further details will be shared during SKF’s Capital Markets Day, an essential event for stakeholders and investors.

What experience does Håkan Buskhe bring to his new role?

He has significant experience in managing and leading various organizations at high levels, ensuring robust strategic direction.

How will Håkan Buskhe's leadership influence SKF Automotive?

His leadership is expected to propel the Automotive business toward greater innovation, operational efficiency, and market success.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

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