CFO Trond Stabekk to leave Kongsberg Automotive

Trond Stabekk, Chief Financial Officer of Kongsberg Automotive ASA, has informed that he has accepted a new position outside the company and has handed in his resignation.
He has a contractual notice period of six months and the process to identify his successor is initiated.

Trond Stabekk has been CFO of Kongsberg Automotive since February 2006 and has been instrumental to the development of the company and its financial systems and practices. 

We regret Trond Stabekk's departure and wish him the best of luck in his future position.

Contact:

Hans Peter Havdal, CEO, Mobile: +47 920 65 690

Philippe Toth, EVP, Business development & Investor Relations

Phone: +47 32 77 05 03; Mobile: +47 98214021

About Kongsberg Automotive:

Kongsberg Automotive provides world class products to the global vehicle industry. Our products enhance the driving experience, making it safer, more comfortable and sustainable. With revenues of EUR 1.0 billion and 10.000 employees in 18 countries, Kongsberg Automotive is truly a global supplier. The company is headquartered in Kongsberg, Norway and has 30 production facilities worldwide. The product portfolio includes seat comfort systems, driver and motion control systems, fluid assemblies, and industrial driver interface products developed for global vehicle manufacturers. Find more information at www.kongsbergautomotive.com