SKF appoints new CFO and Executive Vice President for the Group and new President Industrial Market, Strategic Industries


Henrik Lange is appointed Group CFO succeedingTore Bertilsson who is retiring.
Rakesh Makhija becomes President SKF Industrial Market, Strategic Industries
SKF today announced that Tore 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.

Henrik Lange has been appointed Executive Vice President and CFO. He assumes the
role as Executive Vice President with immediate effect, and the role as CFO,
from 1 May 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.

Rakesh Makhija, has been appointed President Industrial Market, Strategic
Industries, from 1 May 2013. Rakesh, currently President with overall
responsibility for China and India, 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 Henrik Lange and Rakesh 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.

Gothenburg, 12 March 2013

Aktiebolaget SKF
      (publ)
For further information, please contact:
MEDIA HOTLINE: 46 31 337 2400

PRESS: Rebecca Janzon, Director, Press Relations
tel: 46 31 337 3880, mobile: 46 727-173880, e-mail: rebecca.janzon@skf.com

INVESTOR RELATIONS: Marita Björk, Head of Investor Relations
tel: 46 31-337 1994, mobile: 46 705-181994, e-mail: marita.bjork@skf.com
SKF is a leading global supplier of
bearings (http://www.skf.com/portal/skf/home/products?contentId=876709&lang=en),
seals (http://www.skf.com/portal/skf/home/products?contentId=238358&lang=en),
mechatronics (http://www.skf.com/portal/skf/home/products?contentId=447144&lang=
e 
n), lubrication systems (http://www.skf.com/portal/skf_lub?lang=en), and
services (http://www.skf.com/portal/skf_lub/home/services?contentId=867934&lang=
e 
n) which 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. Annual sales in
2012 were SEK 64,575 million and the number of employees was 46,775. www.skf.com

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