SSKFExecutive Cockpit

Company Hierarchy

One company, three reconciling structures — the management org, the operating segments, and the legal entities behind every transaction.

AB SKF (SKF Group) · FY2025 (Jan–Dec 2025, audited anchor)
World's largest bearing maker today — clear #1 in industrial bearings
37,271 employees · 90+ sites · 130 countries
💎 The separation & re-ratingStep 2 of 7 · the three lenses (org · segment · entity)Ontology & MeshOrg Roll-up 360All journeys
🌐 Enterprise 360 modules· on Company HierarchyBrowse all 31 views ▾
● LiveBuilt forChair / Board· how the company is actually runFinance / FP&A· entity ↔ segment ↔ site roll-upSeparation PMO· which units aren't on SAP S/4 yet

A roll-up is never one clean tree. AB SKF is one company seen three ways — who reports to whom (org), which segment makes the bearings, seals & lubrication (segment), and which legal entity books it (entity). They only reconcile through the site, which is why the same business shows up as a segment here, a leader there, and a data-grain gap on the map.

Data backing: org (skf.com · Nasdaq disclosures) · segment registry · business_unit · region · site
Drill any lens

Click a leader or segment → its sites and P&L

Pick a segment (e.g. Bearing Solutions) or an operating brand (e.g. SKF Lincoln) to see the sites underneath and how much of the money is site-grain actual vs SAP-allocated.

By segment
By operating brand

SKF

Bearing Solutions · EMEA · core · Core
Site-grain coverage
88%
Revenue
SEK 89.6 bn
Aftermarket
SEK 28.7 bn
Gross profit ~34%
SEK 30.0 bn
Sites · machines
14 · 12,250
Where the revenue is bookedSEK 44.5 bn actual · SEK 45.1 bn estimated
SEK 44.5 bn
SEK 39.1 bn

50% is site-grain actual; the rest is SAP-allocated from area/region postings while the S/4 cutover completes — shown as an estimate, reconciled to the area total.

Sites (14)
SiteRegionRevenueAftermarketGrainRecording
USA factories & logistics (consolidating), USAmericasSEK 14.6 bnSEK 5.2 bn84%Allocated
China factories (region-for-region), CNChina & Northeast AsiaSEK 12.4 bnSEK 3.3 bn94%Actuals
Schweinfurt & Germany cluster, DEEMEASEK 9.5 bnSEK 3.1 bn96%Actuals
India factories (Pune · Bengaluru · Haridwar), INIndia & Southeast AsiaSEK 7.1 bnSEK 1.9 bn85%Allocated
Gothenburg (HQ · Sweden factories & R&D), SEEMEASEK 6.5 bnSEK 2.3 bn98%Actuals
CEE cluster (Poland · Bulgaria · Austria), PLEMEASEK 6.5 bnSEK 2.0 bn86%Allocated
Monterrey · Mexico (region-for-region), MXAmericasSEK 6.0 bnSEK 1.3 bn80%Allocated
Airasca · Italy (super-precision, +30% capacity), ITEMEASEK 5.2 bnSEK 1.5 bn95%Actuals
UK & Nordics distribution/logistics, GBEMEASEK 5.0 bnSEK 2.2 bn82%Allocated
France & Iberia cluster, FREMEASEK 4.8 bnSEK 1.6 bn93%Actuals
Brazil & LatAm cluster, BRAmericasSEK 4.0 bnSEK 1.5 bn90%Actuals
Shanghai tech centre & distribution, CNChina & Northeast AsiaSEK 3.0 bnSEK 1.1 bn66%Region-only
Southeast Asia & Middle East distribution, SGIndia & Southeast AsiaSEK 3.0 bnSEK 1.0 bn58%Region-only
Japan & South Korea, JPChina & Northeast AsiaSEK 2.0 bnSEK 700 M92%Actuals
Lens 1 · Management org

How the company is run

Chair → President & CEO → segment & region presidents + corporate functions. The Bearing Solutions, SIS and Automotive segments all run through the President & CEO.

Hans Stråberg
Chair of the Board
Segment & region presidents
Kerstin Enochsson
President Automotive · CEO, SKF Vertevo
Automotive (SKF Vertevo)
Hans Landin
President, Specialized Industrial Solutions
SIS
Manish Bhatnagar
President — Industrial, Americas & Australia
Industrial · Americas
David Johansson
President — Industrial, Europe & Africa
Industrial · EMEA
Henry Wang
President — Industrial, China & Northeast Asia
Industrial · China & NEA
Mukund Vasudevan
President — Industrial, India & Southeast Asia
Industrial · India & SEA
Corporate functions
Susanne Larsson
CFO & Chief Sustainability Officer (since Feb 2025)
Finance
Sophie Arnius
Head of Investor Relations
Head of Separation & Listing Readiness
Head of Separation & Listing Readiness (PMO)
Annika Ölme
CTO & SVP Group Technology Development
Technology
Joakim Landholm
SVP Commercial & Operations Development
Commercial & Operations
Mathias Lyon
General Counsel & SVP Group Legal & Compliance
Legal
Ann-Sofie Zaks
SVP Group People Experience & Communication
People
Read this: the segment & region presidents report up through the President & CEO (Rickard Gustafson), chaired by Hans Stråberg with the FAM/Wallenberg anchor (29.2% of votes). That's a roll-up tell: the industrial bearing core (Bearing Solutions, SIS) is fully on SAP S/4 and forms the operating spine, while Automotive (SKF Vertevo)is cutting over to its own stand-alone ERP ahead of the Q4 2026 listing — so it shows up at coarser data grain on the map.
10
Operating brands
under one company
9
Acquired / JVs
of the portfolio tracked
6
Fully integrated
on SAP S/4
4
Still integrating
migrating / new
Lens 2 · Operating segments · Lens 3 · legal entities

AB SKF → segment → operating brand

Each segment also books revenue through legal entities; the colour rail is its segment, the badge its integration state.

Bearing Solutions· SEK 49.2 bn · 6 brands
SKF
EMEA · core · Rickard Gustafson
Core

The master brand since 1907 (Sven Wingquist's self-aligning ball bearing) — '~20% of global energy is spent overcoming friction; SKF fights friction.'

books at site grain (on SAP S/4)
GBC
EMEA · acquired 1990 · David Johansson
Integrated

Regional bearing brand (trademark MSEK 209).

books at area level (SAP-allocated)
PEER
China & Northeast Asia · acquired 2008 · Henry Wang
Integrated

Value-segment bearings (trademark MSEK 197) — the answer to C&U / LYC / ZWZ at the value end.

books at area level (SAP-allocated)
Kaydon
Americas · acquired 2013 · Manish Bhatnagar
Integrated

Slewing & thin-section bearings (trademark MSEK 588); US aerospace-related trademarks partially divested 2025.

books at site grain (on SAP S/4)
@ptitude / IMx / Axios (condition monitoring)
Americas · acquired 2015 · Annika Ölme
In progress

@ptitude Observer, IMx online systems, Enlight apps & Axios (with AWS) — the connected-services layer behind REP contracts.

books at region level (legacy)
Cooper (split-roller)
EMEA · acquired 2020 · David Johansson
In progress

Split-roller bearings (acquired 2020) — marine, energy & heavy-industry niche.

books at area level (SAP-allocated)
Specialized Industrial Solutions (SIS)· SEK 18.8 bn · 3 brands
Lincoln
Americas · acquired 2010 · Hans Landin
Integrated

Lubrication flagship (trademark book value MSEK 1,212) — the core of Lubrication Lifetime Solutions.

books at site grain (on SAP S/4)
Alemite
Americas · acquired 2010 · Hans Landin
Integrated

Lubrication equipment brand alongside Lincoln; John Sample Group (Australia) added 2024.

books at site grain (on SAP S/4)
RecondOil
EMEA · acquired 2018 · Annika Ölme
In progress

Double Separation Technology for circular industrial oil — scaling from pilot to plant-scale.

books at region level (legacy)
Automotive (SKF Vertevo)· SEK 23.6 bn · 1 brand
SKF Vertevo
EMEA · acquired 2026 · Kerstin Enochsson
In progress

The Automotive spin-off brand (named 26 Feb 2026: vertere + evo) — stand-alone since Jan 2026; Nasdaq Stockholm listing planned Q4 2026.

books at area level (SAP-allocated)
Why it matters

The three lenses only reconcile at the site

A single order is booked by a legal entity, sold under a segment, owned by a segment president, and delivered from a site in a region. Entity resolution keeps them tied.

The chain, end to end
Legal entity (e.g. Aktiebolaget SKF)
  → Operating segment (Bearing Solutions)
    → Segment president (via President & CEO)
      → Site / Factory (Gothenburg factories & R&D)
        → Region (EMEA)
How it holds together

Entity resolution maps each site/segment/entity code to one node, so a number can roll up by any lens — by leader, by segment, by region — and still tie to the same total. Where a unit still books at region level (the Vertevo cutover), the site and segment figures are SAP-allocated and flagged, not invented.

By segment
3 segments
Bearing Solutions · SIS · Automotive
By brand
10 brands
6 integrated
By region
4 regions
EMEA · Americas · China & NEA · India & SEA
By leader
11 execs
Chair → CEO → segments + functions