New Appointments At Autoliv
New Appointments at Autoliv (Stockholm, April 26, 2001) - Autoliv (NYSE: ALV) - the worldwide leader in automotive safety systems - has appointed Hans-Göran Patring, 51, Deputy Vice President, Human Resources to become Vice President of that function when the current VP of Human Resources Claes Humbla retires in January next year. Currently, Mr. Patring is the Group Vice President of Human Resources of the Global Automation Division at ABB based in Zurich Switzerland. Previously, he was the VP of Human Resources for ABB's Robotics Business, having been based in the UK for three years and before that in Sweden. Hans-Göran Patring will start his employment with Autoliv in September. Hannes Wadell, 30, has been appointed Treasurer of Autoliv Inc. Hannes started with Autoliv as an Assistant Treasurer in the company's newly formed treasury department in 1999. He held previous positions in the Treasury Department of the office supply company Esselte, including Group Treasurer. The position of Treasurer has until now been held by Autoliv's CFO, Hans Biörck. Autoliv Inc. develops and manufactures automotive safety systems for all major automotive manufacturers in the world. Together with its joint ventures Autoliv has close to 80 facilities with almost 30,000 employees in more than 30 vehicle-producing countries. In addition, the company has eight technical centers around the world, including 19 test tracks, more than any other automotive safety supplier. Sales in 2000 amounted to US $4.1 billion and net income to US $170 million. The company's shares are listed on the New York Stock Exchange (NYSE: ALV) and its Swedish Depositary Receipts on the OM Stockholm Stock Exchange (SSE: ALIV). Inquiries: Hans-Göran Patring, Tel. +41-1-319 6265 or mob. +41-79-476 0039 Claes Humbla, Tel +46-8-5872 0605 Hannes Wadell, Group Treasurer, Tel +46-8-5872 0655 Hans Biorck, Chief Financial Officer, Tel +46-8-587 20 619 ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/04/26/20010426BIT00440/bit0001.doc http://www.bit.se/bitonline/2001/04/26/20010426BIT00440/bit0001.pdf