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Ensuring the right decisions

Executive Committee

Get to know who is in AAK’s Executive Committee. What are the members’ current positions and qualifications? When did they start to work at AAK? How many holdings in AAK do they have?

Johan Westman

President and CEO

Employed: 2018
Born: 1973
Nationality: Swedish
Other significant positions: Chairman of the Board of Absolent Group AB (publ.) and Board member of Thule Group AB (publ.)
Experience: Senior Vice President Europe and Managing Director of the BlankLight division at Shiloh Industries, Inc., President and CEO of FinnvedenBulten AB (publ.), President of Finnveden Metal Structures AB, and management consulting with Arthur D. Little.
Qualifications: MSc. Industrial Engineering and Management
Holdings*: 54,000 shares and 500,000 stock options (Warrants program 2022/2027)

Tomas Bergendahl

Chief Financial Officer. Vice President AAK AB

Employed: 2021
Born: 1974
Nationality: Swedish
Qualifications: MSc. Business Administration
Holdings*: 500,000 stock options (Warrants program 2022/2027)

Sten Estrup

President AAK AMEA and Global People. Vice President AAK AB

Employed: 2020
Born: 1968
Nationality: Danish
Qualifications: MBA, MSc. Dairy Science & Technology, Executive Master in Change, Diploma in HRM
Holdings*: 500,000 stock options (Warrants program 2022/2027)

Susanne Jaspers

President AAK Europe & Strategic Accounts. Vice President AAK AB

Employed: 2022
Born: 1973
Nationality: German
Qualifications: Diplom Betriebswirt (MBA), BSc International Business Administration
Holdings*: 1,500 shares and 125,000 stock options (Warrants program 2022/2027)
Octavio Diaz de Leon - Media - AAK

Octavio Díaz de León

President AAK Americas. Vice President AAK AB

Employed: 2007
Born: 1967
Nationality: Mexican
Qualifications: MBA, BSc. Mechanical & Electrical Engineering
Holdings*: 240,000 shares and 300,000 stock options (Warrants program 2022/2027)

Tim Stephenson

President Global Sourcing & Trading and Sustainability. Vice President AAK AB

Employed: 1995
Born: 1961
Nationality: British
Qualifications: MA (Oxon) in Mathematics, FCA
Holdings*: 250,000 stock options (Warrants program 2022/2027)
David Smith - Media - AAK

David Smith

President Global Operations. Vice President AAK AB

Employed: 2001
Born: 1960
Nationality: British
Qualifications: MBA, Graduate Diploma in Business Management
Holdings*: 300,000 stock options (Warrants program 2022/2027)

Niall Sands

President Commercial Development and Innovation. Vice President AAK AB

Employed: 2018
Born: 1979
Nationality: Irish
Qualifications: MSc Operations Management, BSc Computer Studies
Holdings*: None

*Holdings as of August 23, 2022.