Since January 1st 2015, Skf will have a new president and CEO: he is Alrik Danielson, who will succeed Tom Johnstone. Alrik Danielson, graduated in Business Administration and International Economics at the University of Göteborg, joined SKF in 1987 as financial controller in Göteborg. Before leaving SKF in 2005, he held various managerial appointments in Sweden, Venezuela, Spain, Portugal, in the Czech Republic and in Brazil. From 1996 to 1999, he was President of the Industrial Division in Spain and in Portugal. He was afterwards appointed President of SKF do Brazil from 1999 to 2003 and from 2003 to 2005, he was President of the Industrial Division of SKF Group and member of the Executive Committee of SKF Group. From 2005 to 2014, he was President and CEO of Höganäs AB.