By Dominic Chopping

STOCKHOLM--The Chief Financial Officer of Swedish engineer Sandvik AB (SAND.SK) is leaving the company to take the CFO job at automotive safety supplier Autoliv AB (ALV), it said Wednesday.

Autoliv's current CFO, Mats Wallin, will leave his position to pursue other opportunities based on a mutual agreement with the company, Autoliv said in a statement. He will remain in his current position until his successor joins Autoliv, which is expected sometime before 1 June 2016.

Sandvik said it has started the process of searchnig for a successor.

-Write to Dominic Chopping at dominic.chopping@wsj.com; Twitter: @domchopping @WSJNordics

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(END) Dow Jones Newswires

November 25, 2015 03:24 ET (08:24 GMT)

Copyright (c) 2015 Dow Jones & Company, Inc.
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