UPDATE 1-SKF says Johnstone new CEO from April

Newswire

(Adds detail, fourth-quarter profit) STOCKHOLM, Jan 28 (Reuters) - The world's biggest roller bearings maker, Sweden-based AB SKF, said on Tuesday its board of directors appointed Tom Johnstone as new president and chief executive to replace Sune Carlsson, who is retiring. SKF, which also reported a 19 percent increase in fourth-quarter pre-tax profit, despite a slight fall in sales, said in a statement that Johnstone would take charge from April 15. Johnstone, a 47-year-old Scot, is ...

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