Changes in Bulten’s group management 24 July 2020

Bulten AB has introduced changes to its group management, including the introduction of newly established positions – a chief commercial officer and a chief operating officer.

Bulten has recruited Markus Baum as chief commercial officer with global responsibility for marketing and sales, as of 1st November 2020. Fredrik Bäckström, formerly SVP production at Bulten, will also take up a new position of chief operating officer with immediate effect. Claes Lundqvist has been appointed acting chief financial officer, starting on 1st August 2020.

Markus Baum, born in 1978, holds a degree in business administration from the University of Cologne and a doctorate in business administration from the Maastricht School of Management. Markus has experience from several senior positions at vehicle suppliers Visteon and Benteler and most recently he worked for fastener supplier Nedschroef, based in the Netherlands, where he was vice-president sales and marketing.

Fredrik Bäckström, born in 1965, was recruited to the position of senior vice-president production at Bulten in December 2019, and will immediately take up the newly established position as COO. In his new role, in addition to the production responsibility, Fredrik will also be responsible for central material planning, logistics and distribution.

Claes Lundqvist, born in 1969, has been appointed acting CFO and replaces Helena Wennerström who has chosen to leave Bulten for another assignment. Claes holds a degree in business administration and an Executive MBA from the School of Economics and Commercial Law at Gothenburg University. He has many years of experience in finance and economics, including as an accountant at Frejs Auditing Firm in Gothenburg. Claes has been employed at Bulten since 2006 and since 2012 he has been vice-president, and business controller, and responsible for the Group’s IT function. The process of recruiting a permanent CFO is ongoing.

“Bulten has an ambitious strategy for the future and continues to grow. The organisation is adapted to our strategic plan and I am pleased to have these, both new and old, group management members on board,” says Anders Nyström, president and CEO of Bulten AB.

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