M. Hvied to take over as Senior VP, CIO, Atlas Copco

Atlas Copco has declared to designate Marcus Hvied, who is General Manager IT Services and Head of Group IT (Information Technology) now, as Senior Vice President, Chief Information Officer – effective from January 1, 2024. He will also be a member of the management team.

Marcus Hvied is a Swedish citizen, born in 1978. He holds a Master of Science in Applied Information technology, from Chalmers University of Technology and the IT-University in Gothenburg, Sweden. He joined the Group in 2018 – and has since then successfully led the Group common IT organization.  Before joining Atlas Copco, he was the IT Director Global IT Shared Services for Assa Abloy.

Commenting on Marcus’ promotion, Mats Rahmström, President & CEO of the Atlas Copco Group, has said, “Digital transformation and cyber security have become increasingly important for the Group. We will include the head of the IT organization in Group Management to increase the focus on our digital capabilities. Marcus has extensive experience and will continue to collaborate with and support our entities. I very much look forward to welcoming Marcus to the Group Management team.”

Believing in ‘great ideas accelerate innovation’, Atlas Copco has been turning industrial ideas into business-critical benefits since 1873. By listening to their customers and knowing their needs, the company delivers value and innovates with the future in mind. In 2022, Atlas Copco Group had revenues of BSEK 141 and at year end about 49 000 employees.

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