Corporate governance

Management and remuneration

Besides the President and CEO, the Group Management consists of four business area executives and executives responsible for the main Group functions; Corporate Communication and Governmental Affairs, Human Resources, Controlling and Finance and Legal. The President and CEO is responsible for the ongoing management of the Group following the Board’s guidelines and instructions.

Meet our Group management

Vagner Rego, Senior Executive Vice President and Business Area President Compressor Technique

Vagner Rego

President and CEO

Vagner Rego joined Atlas Copco Group as a trainee engineer in São Paulo State, Brazil and was later appointed Business Line Manager for Compressor Technique Service. He later became Vice President Marketing and Sales for the Compressor Technique Service division, in Belgium. He has also been General Manager for Construction Technique’s customer center in Brazil and President of the Compressor Technique Service division. Before he was appointed President and CEO he was Business Area President for Compressor Technique.

Born  1972
Education Mechanical engineering from Mackenzie University and an MBA from Ibmec Business School, both in Brazil.
Nationality Brazilian
Employed since 1996
External memberships -
Holdings in Atlas Copco AB 17 272 class A shares, 412 096 employee stock options

Philippe Ernens, Senior Executive Vice President and Business Area President Compressor Technique

Philippe Ernens

Senior Executive Vice President and Business Area President Compressor Technique

Philippe Ernens, started as a product engineer in the Airtec division within the Compressor Technique business area in 1995. After several positions as team leader and engineering manager, he became General Manager and continued to a role as Vice President Operations High Pressure. In 2012 he became President of the Airtec division and in 2016 he took up the position as president for the Oil-free Air division.  

Born  1971
Education Degree in Electromechanical Engineering from the University of Liege, Belgium.
Nationality Belgian
Employed since 1995
External memberships -
Holdings in Atlas Copco AB 11 348 class A shares, 245 774 employee stock option

Geert Follens, Senior Executive Vice President and Business Area President Vacuum Technique

Geert Follens

Senior Executive Vice President and Business Area President Vacuum Technique

Geert Follens has held positions in purchasing, supply chain and general management. He has served as General Manager of Atlas Copco Compressor Technique customer center in the United Kingdom. Before he became  President of the Vacuum Solutions division he was first  President of the Portable Energy division and then of  the Industrial Air division.

Born  1959
Education M. Sc in Electromechanical Engineering and a post-graduate degree in Business Economics from the University of Leuven, Belgium
Nationality Belgian
Employed since 1995
External memberships Board member of AB SKF and AB Electrolux
Holdings in Atlas Copco AB 28 288 class A shares, 283 522 employee stock options

Henrik Elmin, Senior Executive Vice President and Business Area President Industrial Technique

Henrik Elmin

Senior Executive Vice President and Business Area President Industrial Technique

Henrik Elmin joined Atlas Copco Group as General Manager for Atlas Copco Tools Customer Center Nordic in the Industrial Technique business area. He was later appointed President of the General Industry Tools and Assembly Systems  division. Before his current position he was President of the Industrial Technique Service division.

Born  1970
Education M.Sc. in Mechanical Engineering from Lund Institute of Technology and an MBA from INSEAD, France.
Nationality Swedish
Employed since 2007
External memberships -
Holdings in Atlas Copco AB 16 240 class A shares, 420 829 employee stock options

Andrew Walker, Senior Executive Vice President and Business Area President Power Technique

Andrew Walker

Senior Executive Vice President and Business Area President Power Technique

Andrew Walker has held several different management positions in markets including the United Kingdom,  Ireland, Belgium and the United States. Before his current position, he was President of the Service division within Compressor Technique.

Born  1961
Education M.Sc in Industrial Engineering and an MBA from University College Dublin, Ireland.
Nationality Irish
Elected since 2014
Employed since 1986
External memberships -
Holdings in Atlas Copco AB 29 797 class A shares, 9 788 class B shares, 370 923 employee stock options

Cecilia Sandberg, Senior Vice President, Chief Human Resources Officer

Cecilia Sandberg

Senior Vice President, Chief Human Resources Officer

Cecilia Sandberg began her career as Human Resources consultant for a travel agency. From 1999 to 2007 she held different Human Resources roles at Scandinavian Airlines and AstraZeneca. Between 2007–2015 Cecilia Sandberg was Vice President Human Resources for Atlas Copco’s  Industrial Technique business area. Before she started  her current position she was Senior Vice President Human Resources at Permobil.

Born  1968
Education B.Sc. in Human Resources and a M.Sc. in Sociology from Stockholm University
Nationality Swedish
Employed since 2017
External memberships -
Holdings in Atlas Copco AB 12 752 class A shares and 600 class B shares, 232 662 employee stock options

Peter Kinnart, Senior Vice President, Chief Financial Officer

Peter Kinnart

Senior Vice President, Chief Financial Officer

Peter Kinnart started his career at Atlas Copco Group as business controller at Airpower in Antwerp. He has held several management positions within different areas at Atlas Copco in Belgium, Germany, Spain and Switzerland. Prior to his current position, he was Vice President Business Control at Atlas Copco’s Business Area Compressor Technique.

Born  1969
Education Master in Applied Economic Science and a Master in Commercial Engineering from the University of Antwerp (UFSIA), Belgium.
Nationality Belgian
Employed since 1993
External memberships -
Holdings in Atlas Copco AB 7 800 class A shares, 220 508 employee stock options

Sara Hägg Liljedal, Senior Vice President, Chief Communications Officer

Sara Hägg Liljedal

Senior Vice President, Chief Communications Officer

Sara Hägg Liljedal began her career as a journalist working for different Swedish media. Between 2007 and 2013 she worked as Press Secretary for the Speaker of the Swedish Parliament. She has also held roles as a Press and PR Manager for Swedish investment services companies Swedbank Robur and Skandia. Before she was appointed Senior Vice President, Chief Communications Officer, she was Media Relations Manager for the Atlas Copco Group.

Born  1980
Education BA in Journalism from Stockholm University
Nationality Swedish
Employed since 2018
External memberships -
Holdings in Atlas Copco AB 4 601 class A shares, 240 class B shares, 111 379 employee stock options

Eva Klasén, Senior Vice President, Chief Legal Officer

Eva Klasén

Senior Vice President, Chief Legal Officer

Eva Klasén joined Atlas Copco Group in 2000 as Assistant Corporate Counsel and has since then held several positions in the legal functions in both Sweden and China. She has been supporting several M&A projects, setting up the legal department in China and also being the General Counsel for EMEA, leading the team of lawyers in the area. Before her current position she was Vice President, Deputy Chief Legal Officer.

Born  1975
Education Master of Law from Lund University.
Nationality Swedish
Employed since 2000
External memberships -
Holdings in Atlas Copco AB 3 439 class A shares, 154 654 employee stock options

Marcus Hvied, Senior Vice President, Chief Information Officer

Marcus Hvied

Senior Vice President, Chief Information Officer

Marcus Hvied was IT Director Global IT Shared Services for Assa Abloy before he joined Atlas Copco as General Manager IT Services and Head of Group IT.

Born  1978
Education Master of Science in Applied Information technology, from Chalmers University of Technology and the IT-University in Gothenburg.
Nationality Swedish
Employed since 2018
External memberships -
Holdings in Atlas Copco AB 1 500 class A shares and 121 150 employee stock options