Dan Lundahl takes the reins as Seco's new Vice President of Finance, bringing deep Sandvik Group experience to one of the world's leading metal cutting solutions providers.
Seco has named Dan Lundahl as its new Vice President of Finance, effective September 16, 2024. He steps into the role with a strong mandate and an even stronger pedigree, joining the Seco Management Group and reporting directly to Stefan Steenstrup, President of Seco.
Lundahl holds a Master of Science in Business and Economics from Uppsala University, one of Sweden's most respected academic institutions. But it is his hands-on experience within the Sandvik Group that makes this appointment noteworthy. He has spent years navigating finance roles across various divisions of Sandvik, building a reputation for sharp business control and strategic financial leadership.
Most recently, Lundahl served as Head of Business Control for Sandvik Machining Solutions, a role that placed him at the intersection of financial strategy and operational execution. That position gave him a close-up view of the machining solutions market, an advantage that translates directly into his new responsibilities at Seco.
Steenstrup made his confidence in the appointment clear. "Dan brings a wealth of broad experience from Sandvik as well as the finance area to Seco," he said. "His business acumen will be a great contribution in today's transformative business climate."
That last point matters more than it might seem. The manufacturing sector is undergoing significant change, driven by advances in automation, digitalization, and shifting global supply chains. Companies like Seco, which operate in over 75 countries and serve precision machining customers worldwide, need finance leaders who understand both the numbers and the industry dynamics shaping them.
Lundahl's familiarity with the Sandvik ecosystem is another key factor. Internal appointments at this level often move faster and carry less risk than external hires. He already knows the corporate culture, the reporting structures, and the strategic priorities that connect Seco to its parent group. That institutional knowledge reduces onboarding friction and allows him to contribute meaningfully from day one.
Seco itself brings nearly a century of credibility to the table. Founded in Fagersta, Sweden, the company has grown into a global leader in metal cutting solutions, spanning indexable milling, solid milling, turning, holemaking, threading, and tooling systems. Its products sit at the heart of manufacturing operations across industries ranging from aerospace to automotive, where precision and reliability are non-negotiable.
For a company with that kind of technical heritage, the finance function plays a critical role in supporting long-term investment in research, development, and customer service. Lundahl's background in business control suggests he is well positioned to balance cost discipline with the strategic spending required to keep Seco competitive.
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For the latest innovations and cutting-edge products, visit www.secotools.com.
Dan Lundahl Vice President Finance Seco
With its origins in Fagersta, Sweden and present in more than 75 countries, Seco is a leading global provider of metal cutting solutions for indexable milling, solid milling, turning, holemaking, threading and tooling systems. For nearly 100 years, Seco has driven excellence throughout the entire manufacturing journey, ensuring high-precision machining and high-quality output.
For the latest innovations and cutting-edge products, visit www.secotools.com.
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Seco Tools AB
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