Madison, Ind., September 5, 2014 - Vehicle Service Group (VSG), a global leader in the vehicle service industry and an operating company under Dover's (NYSE: DOV) Engineered Systems segment, announced today that it has named Niclas Ytterdahl as President, effective immediately. Ytterdahl will report to Andy Fincher, President and Chief Executive Officer of Dover's Engineered Systems segment.
"Niclas has extensive industry experience and a solid background in operations and supply chain management," Fincher said. "His familiarity with VSG through his prior role with Dover will add important perspective to VSG's operations and strategic growth initiatives. We welcome Niclas to the VSG team."
Ytterdahl will assume the role left vacant following the promotion of the prior VSG President, Gary Kennon, to the position of Executive Vice President of Dover's Engineered Systems segment.
"I am excited to take on my new role at VSG," said Ytterdahl. "VSG is an industry-leading company with a strong portfolio of brands. I look forward to working closely with Andy and the entire VSG team, and partnering with our suppliers, to continue to provide our customers with world-class products and the highest levels of service and support."
Ytterdahl previously served as Senior Vice President of Global Sourcing for Dover. Prior to joining Dover, he was Vice President of Global Strategic Sourcing at AES Corporation where he led the restructuring of AES' global supply chain, global solid fuel supply and risk management capabilities. Previously, he served as Vice President of Operations and General Manager at Fisher Scientific International Inc. (now Thermo Fisher Scientific).
Ytterdahl received his Master's Degree in Engineering Physics from Chalmers University of Technology in Sweden and his joint MBA/SM Degree from The MIT Sloan School of Management in Cambridge, Massachusetts.