Le-Mounier to Head SKF Automotive

Swedish bearings maker SKF Group has named Stephane Le-Mounier president of its SKF Automotive, effective Jan. 1.

Le-Mounier, who joined SKF in 1988, currently is director of the company's aerospace unit. The French national succeeds Tryggve Sthen, who is retiring.

Last year SKF Automotive contributed 27% of the group's 63.6 billion kronor (€6.8 billion) in sales.