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Epiroc announces change in Group Management

May 2, 2024 08:30 CEST

Stockholm, Sweden: Arman Bagdasarian, President of Epiroc’s Parts & Services Asia Pacific (APAC) division, will leave to pursue a career outside the Group.

I want to thank Arman for his years of service with the company, and we wish him the best of luck in the future,” says Helena Hedblom, Epiroc’s President and CEO.

Arman Bagdasarian began his employment with the Group in 2018, and assumed his current position as President of the Parts & Services Asia Pacific (APAC) division, and member of Group Management, in January 2023. He leaves his position today and the recruitment of a successor to the role of Parts & Services Asia Pacific (APAC) divisional President will be initiated soon.

In the meantime, Jodie Velasquez, Vice President Controlling & Finance Parts & Services, is being appointed Acting President for the division. 

For more information please contact:
Ola Kinnander, Media Relations Manager
+46 70 347 2455

Epiroc is a global productivity partner for mining and construction customers, and accelerates the transformation toward a sustainable society. With ground-breaking technology, Epiroc develops and provides innovative and safe equipment, such as drill rigs, rock excavation and construction equipment and tools for surface and underground applications. The company also offers world-class service and other aftermarket support as well as solutions for automation, digitalization and electrification. Epiroc is based in Stockholm, Sweden, had revenues of more than SEK 60 billion in 2023, and has around 18 200 passionate employees supporting and collaborating with customers in around 150 countries. Learn more at

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