Johan Westman appointed new president and CEO for AAK AB

24 Nov 2017 --- The Board of Directors of AAK AB has appointed Johan Westman as President and CEO of the company following the death of Arne Frank earlier this year. Westman is currently Senior Vice President Europe and Managing Director of the BlankLight division at Shiloh Industries. Shiloh Industries, Inc., with headquarters in Valley City, Ohio, USA, is a global innovative solutions provider to the mobility market with some 3,600 employees and revenues of approximately US$1 billion. 

The company designs and manufactures products within the body structure, chassis and powertrain systems, focusing on lightweight technologies that provide environmental and safety benefits.

Westman has close to 20 years of industrial experience in management consulting and from the automotive supplier industry. He was President and CEO of FinnvedenBulten AB between 2009 and 2014 and President of the Finnveden Metal Structures AB division 2008–2014. 

Prior to these positions, he spent eight years in management consulting with Arthur D. Little.

“This is a great honor for me and I am very excited to join AAK,” he says. “Under the leadership of the Group management, the company has seen strong sales and profit growth. Together we will continue this growth journey and take AAK to the next level.”

Born in 1973, Westman holds a Master’s degree in Industrial Engineering from Chalmers University of Technology in Gothenburg, Sweden.

”With the recruitment of Johan Westman we will have a CEO with broad industrial and international experience,” says Mikael Ekdahl, Chairman of the Board of Directors. “He has over the last ten years successfully developed companies to drive shareholder value through profitability improvements, organic growth as well as global expansion. I am confident that Johan will continue to develop AAK in the best possible way.”

Westman will assume his position as President and CEO no later than June 1, 2018.