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Ensuring the right decisions

Executive Committee

Get to know who is in AAK’s Executive Committee. What are the members’ current positions and qualifications? When did they start to work at AAK? How many holdings in AAK do they have?

Johan Westman

President and CEO

Employed

2018

Born

1973

Nationality

Swedish

Other significant positions

Chairman of the Board of Absolent Group AB (publ.) and Board member of Thule Group AB (publ.)

Experience

Senior Vice President Europe and Managing Director of the BlankLight division at Shiloh Industries, Inc., President and CEO of FinnvedenBulten AB (publ.), President of Finnveden Metal Structures AB, and management consulting with Arthur D. Little.

Qualifications

MSc. Industrial Engineering and Management

Holdings*

54,000 shares and 500,000 stock options (Warrants program 2022/2027)

Tomas Bergendahl

Chief Financial Officer. Vice President AAK AB

Employed

2021

Born

1974

Nationality

Swedish

Qualifications

MSc. Business Administration

Holdings*

500,000 stock options (Warrants program 2022/2027)

Sten Estrup

President AAK AMEA and People & Organizational Performance. Vice President AAK AB

Employed

2020

Born

1968

Nationality

Danish

Qualifications

MBA, MSc. Dairy Science & Technology, Executive Master in Change, Diploma in HRM

Holdings*

500,000 stock options (Warrants program 2022/2027)

Susanne Jaspers

President AAK Europe & Strategic Accounts. Vice President AAK AB

Employed

2022

Born

1973

Nationality

German

Qualifications

Diplom Betriebswirt (MBA), BSc International Business Administration

Holdings*

1,500 shares and 125,000 stock options (Warrants program 2022/2027)

Octavio Diaz de Leon - Media - AAK

Octavio Díaz de León

President AAK Americas. Vice President AAK AB

Employed

2007

Born

1967

Nationality

Mexican

Qualifications

MBA, BSc. Mechanical & Electrical Engineering

Holdings*

240,000 shares and 300,000 stock options (Warrants program 2022/2027)

Tim Stephenson

President Global Sourcing & Trading and Sustainability. Vice President AAK AB

Employed

1995

Born

1961

Nationality

British

Qualifications

MA (Oxon) in Mathematics, FCA

Holdings*

250,000 stock options (Warrants program 2022/2027)

David Smith - Media - AAK

David Smith

President Global Operations. Vice President AAK AB

Employed

2001

Born

1960

Nationality

British

Qualifications

MBA, Graduate Diploma in Business Management

Holdings*

300,000 stock options (Warrants program 2022/2027)

Niall Sands

President Commercial Development and Innovation. Vice President AAK AB

Employed

2018

Born

1979

Nationality

Irish

Qualifications

MSc Operations Management, BSc Computer Studies

Holdings*

None

*Holdings as of August 23, 2022.