New CFO for Autoliv
New CFO for Autoliv (Stockholm, March 8, 2001) - Autoliv Inc. (NYSE: ALV and SSE: ALIV) - the worldwide leader in automotive safety systems - has appointed Magnus Lindquist as the Company's new Chief Financial Officer and Vive President replacing Hans Biörck who has accepted a similar position at Skanska. Currently, Mr. Lindquist is the Chief Financial Officer at Perstorp AB, a Swedish-based chemistry and materials technology corporation. He has previously worked at the paper and pulp company Stora in Sweden; the construction company Skanska; the consumer products company Swedish Match and the SEB Bank. Mr. Lindquist will assume his new position in on July 1. 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 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). Photo for downloading available at: www.autoliv.com/news Inquiries: Magnus Lindquist, Tel. +46 (435) 38372 or mob. +46 (705) 74 01 30 Lars Westerberg, President & CEO, Autoliv Inc., Tel +46 (8) 58 72 06 20 Mats Ödman, Dir. Corp. Com., Tel. +46 (8) 58 72 06 23, or mob. +46 (708) 32 09 33 Autoliv Inc. Autoliv North America, Inc. Klarabergsviadukten 70, Sec. E 320 Pacific Drive P. O. Box 703 81, SE-107 24 Auburn Hills, MI 48326-1569, USA Stockholm, Sweden Tel +46 (8) 58 72 06 23, Tel +1 (248) 475-0407, Fax+46 (8) 24 44 79 Fax +1 (248) 475-9838 e-mail: mats.odman@autoliv.com e-mail: patrick.jarboe@autolivasp.com ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/03/08/20010308BIT00400/bit0001.doc http://www.bit.se/bitonline/2001/03/08/20010308BIT00400/bit0002.pdf