Gothenburg, Sweden – SKF Group has appointed Henrik Lange executive vice president and group chief financial officer, succeeding Tore Bertilsson, who is retiring. Also, Rakesh Makhija is now president, SKF Industrial Market, Strategic Industries.
Bertilsson, executive vice president and CFO, has decided to retire from SKF after nearly 24 years of service. Up until his retirement later this year, he continues as executive vice president. Lange assumes the role as executive vice president with immediate effect, and the role as CFO on May 1, 2013.
Henrik currently serves as president SKF Industrial Market, Strategic Industries, and is a member of SKF Group Management. He joined SKF in 1988 and has held several managerial positions within SKF, both in general management and in the finance area.
Makhija, who becomes president Industrial Market, Strategic Industries, on May 1, 2013, is currently president with overall responsibility for China and India. He joined SKF in 2002 as managing director, SKF India Limited. In 2010, he was appointed as president, SKF Asia and at the same time became a member of SKF Group Management.
Both Lange and Makhija will be members of SKF Group Management and the Executive Committee. They will report to Tom Johnstone, SKF president and CEO, and be based in Gothenburg, Sweden.
SKF is a global supplier of bearings, seals, mechatronics, lubrication systems, and services that include technical support, maintenance and reliability services, engineering consulting and training. SKF is represented in more than 130 countries and has around 15,000 distributor locations worldwide.