Sunday, May 19, 2024
CEOWORLD magazine - Latest - Banking and Finance -  Martin Lindqvist Concludes His Tenure as President and CEO of SSAB

Banking and Finance

 Martin Lindqvist Concludes His Tenure as President and CEO of SSAB

Martin Lindqvist’s illustrious tenure at SSAB, which commenced in 1998 and saw him assume the role of President and CEO in 2011, draws to a close, marking the end of an era defined by transformative initiatives and strategic advancements.

Under Lindqvist’s astute leadership, SSAB navigated significant milestones, including the landmark acquisition of Finnish firm Rautaruukki and the inception of HYBRIT, a groundbreaking joint venture aimed at transitioning the steel industry towards fossil-free production. The commitment to sustainability culminated in a policy decision to transition the entire Nordic production system to fossil-free production, with tangible strides evident in initiatives such as the ongoing transformation of the Oxelösund mill and the recent decision to overhaul the steelwork in Luleå.

Reflecting on Lindqvist’s tenure, SSAB Board Chairman Lennart Evrell extols his instrumental role in shaping SSAB into a globally acclaimed entity with a robust financial standing. Evrell expresses gratitude for Lindqvist’s dedicated leadership and extends best wishes for his future endeavors.

Lindqvist, in turn, expresses gratitude for the privilege of spearheading SSAB’s remarkable journey alongside its dedicated workforce. Recognizing the inevitability of transition, Lindqvist announces his decision to step down, citing a desire to devote more time to board assignments and advisory roles in the future.

While Lindqvist’s departure marks the end of an era, his commitment to ensuring a seamless transition is evident in his agreement to remain until a suitable successor is appointed. The commencement of a recruitment process signifies SSAB’s commitment to identifying a worthy successor poised to continue the company’s legacy of innovation and sustainability.


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CEOWORLD magazine - Latest - Banking and Finance -  Martin Lindqvist Concludes His Tenure as President and CEO of SSAB
Anna Siampani
Anna Siampani, Lifestyle Editorial Director at the CEOWORLD magazine, working with reporters covering the luxury travel, high-end fashion, hospitality, and lifestyle industries. As lifestyle editorial director, Anna oversees CEOWORLD magazine's daily digital editorial operations, editing and writing features, essays, news, and other content, in addition to editing the magazine's cover stories, astrology pages, and more. You can reach Anna by mail at