SKF Nomination Committee Proposes New Board Members for 2026

SKF's Nomination Committee Proposes New Board Members

On January 30, 2026, SKF's Nomination Committee revealed its recommendation to integrate two new members into the Board of Directors. The individuals nominated are Karen Florschütz and Maximiliane Straub, both of whom bring extensive experience in executive roles from prominent companies.

Profiles of the Nominees

Karen Florschütz

Karen Florschütz is currently positioned as the Top Group Executive at Airbus, where she most recently held the title of Executive Vice President of Connected Intelligence for the Defense and Space sector. Her prior roles include several leadership positions at Siemens, which comprises her tenure as Chief Executive Officer of Customer Services and Vice President and General Manager of Systems Engineering. Her impressive background in multiple high-tier roles demonstrates her capacity for strategic oversight and innovation in technological advancements.

Maximiliane Straub

Complementing Florschütz's expertise is Maximiliane Straub, who has had a significant career at Bosch. She previously served as President of Global Services, Executive Vice President for North America, and President of Full Brake Systems. Her insights from the automotive sector and her leadership roles position her as a valuable addition to SKF’s Board, particularly given the company's focus on enhancing performance and sustainability practices.

Changes to the Board Structure

Alongside the recommendations for new members, the Nomination Committee addressed the retirement of Susanna Schneeberger, who opted not to seek re-election during the Annual General Meeting in 2026. The reorganization is set to adjust the Board to a total of twelve members. The proposed roster includes re-elections for existing members: Hans Stråberg, Håkan Buskhe, Mats Rahmström, Hock Goh, Geert Follens, Rickard Gustafson, Beth Ferreira, Therese Friberg, Richard Nilsson, and Niko Pakalén.

Hans Stråberg has been nominated as the Chair of the Board, a position he has held previously and is expected to provide stable leadership through the upcoming changes.

Composition of the Nomination Committee

The composition of the Nomination Committee for the 2026 Annual General Meeting encompasses several notable figures in the investment sector: Marcus Wallenberg from FAM, Henning Elmberger from Cevian Capital, Anders Algotsson of AFA Försäkring, and Anders Jonsson of Skandia, alongside Hans Stråberg, currently the Chair of the Board. This diverse Committee reflects a broad range of insights from both corporate management and investment strategies, ensuring a well-rounded nomination process.

Future Announcements

The Nomination Committee's full proposals will be disclosed together with the notice for the upcoming Annual General Meeting. This will ensure all shareholders have access to the complete details regarding board elections and re-elections.

In conclusion, the proposed changes to the Board of Directors at AB SKF highlight a strategic shift aimed at enhancing governance and leveraging the expertise of seasoned professionals in the industry. As the company navigates through varied market challenges, the inclusion of these two executives underscores SKF's commitment to innovation and leadership in manufacturing and technology. Investors and stakeholders can look forward to the official announcements as the meeting approaches.