Business
Autoliv Announces Departure of Chief Financial Officer
Autoliv, Inc. (NYSE: ALV) and (SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that Fredrik Westin has decided to resign as the Chief Financial Officer and Executive Vice President, Finance for personal reasons and to pursue a position in continental Europe, where he resided prior to joining Autoliv in March 2020. He remains in his current position until December 31, 2025, unless otherwise agreed by the parties.
About this update from Autoliv, Inc.
[{"type":"text","content":"STOCKHOLM, June 30, 2025 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) and (SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that Fredrik Westin has decided to resign as the Chief Financial Officer and Executive Vice President, Finance for personal reasons and to pursue a position in continental Europe, where he resided prior to joining Autoliv in March 2020. He remains in his current position until December 31, 2025, unless otherwise agreed by the parties. ","length":495,"tagName":"p"},{"type":"text","content":"Mikael Bratt, President and CEO of the Company, said, "We sincerely thank Fredrik for his valuable contributions to Autoliv and the executive management team over the past five years which has been a particularly challenging period for the global automotive industry. We wish him and his family all the best as they relocate."","length":336,"tagName":"p"},{"type":"text","content":"The recruitment process for the successor Chief Financial Officer will be launched immediately.","length":95,"tagName":"p"},{"type":"text","content":"Inquiries: Investors & Analysts: Anders Trapp, Tel +46 (0)8 587 206 71Investors & Analysts: Henrik Kaar, Tel +46 (0)8 587 206 14","length":138,"tagName":"p"},{"type":"text","content":"This information is information that Autoliv, Inc. is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the contact person set out above, at 14:10 CET on June 30, 2025.","length":240,"tagName":"p"},{"type":"text","content":"About Autoliv","length":13,"tagName":"p"},{"type":"text","content":"Autoliv, Inc. (NYSE: ALV) (Nasdaq Stockholm: ALIV.sdb) is the worldwide leader in automotive safety systems. Through our group companies, we develop, manufacture and market protective systems, such as airbags, seatbelts, and steering wheels for all major automotive manufacturers in the world as well as mobility safety solutions, such as pedestrian protection, connected safety services and safety solutions for riders of powered two wheelers. At Autoliv, we challenge and re-define the standards of mobility safety to sustainably deliver leading solutions. In 2024, our products saved close to 37,000 lives and reduced more than 600,000 injuries. ","length":648,"tagName":"p"},{"type":"text","content":"We have operati...