Executive Team and organization
The Executive Team (Group Management) consists of the CEO, the heads of the Group’s divisions, the Chief Financial Officer, the Director of Technology and Product Development, and the Director for Market and Business Development. ASSA ABLOY’s operations are divided into five divisions, where the fundamental principle is that these divisions should be responsible, as far as possible, for business operations, while various functions at headquarters are responsible for coordination, monitoring, policies and guidelines at an overall level. The Group’s structure results in a geographical and strategic spread of responsibility ensuring short decision-making paths. The Group’s management philosophy is based on trust and respect for local cultures and conditions.