Steel Mills

SSAB Appoints New Acting CFO

Written by David Schollaert

October 12, 2021

Swedish steelmaker SSAB AB has appointed Leena Craelius as acting chief financial officer. In the planned transition effective Nov. 1, she succeeds Hakan Folin who is stepping down to become finance chief at Epiroc AB.

Craelius, who has been with SSAB since 2005, is currently vice president of finance, controlling and IT at SSAB Europe. She has held several senior positions within finance at SSAB, the company said.

SSAB“I’m very pleased to welcome Leena to her new job,” said Martin Lindqvist, SSAB’s president and CEO. “She has extensive experience of working at SSAB, and I know she will make a good contribution to SSAB’s development in her new role.”

“I’m really looking forward to taking on this new challenge and to supporting the company in our journey toward a fossil-free and industry-leading company,” said Craelius.

Craelius holds an MBA in Finance from Helsinki School of Economics and a BBA in International Business from Häme University of Applied Sciences.

By David Schollaert, David@SteelMarketUpdate.com

David Schollaert

David Schollaert is a senior analyst for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. Based in CRU’s Pittsburgh office, David can be reached at david@steelmarketupdate.com or 724-720-1008.

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