Interview with CEO Rickard Gustafson

How would you summarize your first year as President and CEO of SKF? What are your impressions so far?

“For the business in general, it’s been a year with challenges, but also a lot of opportunities. We saw continued sharp rebound in post-pandemic demand within Industrial, but also exceptional pressures throughout the supply chain, logistics constraints and significant cost inflation. The team really managed the situation in a good way, and we’ve been able to keep delivering to our customers. Automotive saw many of the same challenges, but also had to deal with the added uncertainty of large OEM customers cancelling orders with very short notice.”

“On a personal level, it’s been a pleasure and joy getting to know this fantastic company. The people I’ve met and stakeholders I’ve engaged with have really reinforced the strength of SKF: leading technical capabilities, relentless customer focus and passionate people.”