Haldex Strengthens Global Sales Focus

Haldex AB (publ) announces the appointment of Ed Meador as Senior Vice President, North American Sales, new member of Haldex Group Management, and a strengthened focus on global sales.

Ed Meador has been appointed as Senior Vice President, North American Sales, which is effective today November 14, 2012. Ed Meador brings over 25 years of commercial vehicle industry experience to Haldex, having previously held executive-level positions within Motor Wheel Commercial Vehicle Systems, Hayes Lemmerz International and Fontaine (a Marmon Group Company). Haldex Group Management will be extended to include Ed Meador.

Bo Annvik, President and CEO, Haldex said: “I am excited that Ed Meador has joined Haldex and look forward to his contributions as a member of our Group Management team. Haldex will benefit from Ed’s experience and knowledge of North American commercial truck, trailer, aftermarket, military and agricultural markets. This appointment will further support our goal of a stronger and more focused Haldex.”

Haldex global management of Sales and Marketing will further be strengthened by the following changes:

Andreas Richter will assume the position of Senior Vice President, Europe and ROW Sales and continue his responsibility for leading Haldex global brand and marketing strategies.

Aichang Li, Senior Vice President, Asia Pacific will continue to lead sales and drive growth in our key Asia Pacific markets.

For further information, please contact:
Bo Annvik, President and CEO: +46 705 90 91 40
Kristina Brink, Corporate Communications Manager: +46 705 90 91 40

Haldex (www.haldex.com), headquartered in Landskrona, Sweden, is a provider of proprietary and innovative solutions to the global commercial vehicle industry, with focus on products in vehicles that enhance safety, environment and vehicle dynamics. Haldex is listed on the Nasdaq OMX Stockholm Stock Exchange and had net sales of approx 4 billion SEK in 2011. The number of employees amounts to about 2,350.

Haldex AB (publ) is required to publish the above information under the Swedish Financial Instruments Trading Act. The information was submitted for publication on November 14, 2012 at 08:30 CET.

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About Us

Over 100 years of powerful innovation gives Haldex unsurpassed expertise when it comes to braking systems and air suspension systems for heavy trucks, trailers and buses. We live and breathe our business with the goal to deliver robust and technically superior solutions which is founded in a deep insight in our customer’s reality. Through focusing on our core competences and the passion we all share, we achieve the agility and flexibility that the market demands. Innovative collaborations aren’t only the core of our products, but our philosophy. Our 2300 employees, spread out across four continents, challenge the conventional on a daily basis in order to secure that the products we deliver create a unique value to our customers and the end users. We are listed on Nasdaq Stockholm and have a turnover of approx. 5 billion SEK.

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