The Board of Directors of Atlas Copco AB has appointed Mats Rahmström as the new President and CEO of Atlas Copco AB, effective April 27, 2017. He will replace Ronnie Leten, who has requested to leave his position after having managed Atlas Copco successfully during eight years. Mats Rahmström, currently Senior Executive Vice President and President of the Industrial Technique business area, began his Atlas Copco career in 1988.

He held positions in sales, service, marketing and general management within Industrial Technique during the first 10 years. Between 1998 and 2006 he held positions as General Manager for customer centers in Sweden, Canada, and then in the United Kingdom. Before he took on his current position in 2008 he was President of the Tools and Assembly Systems General Industry division within Atlas Copco's Industrial Technique.

He is a board member of Permobil Holding AB and of CIBE Lifts AB. Ronnie Leten will resign from the Board of Directors of Atlas Copco AB at the Annual General Meeting on April 26, 2017. The same date he leaves the position as President and CEO of the Atlas Copco Group.