Autoliv, Inc. (NYSE: ALV, and SSE: ALIV sdb) the worldwide leader in automotive safety systems, has appointed Mats Backman as Group Vice President and Chief Financial Officer.
Mr. Backman brings more than 20 years of experience from different industries to Autoliv. Mr. Backman will assume his position with Autoliv during the first half of 2016. In his position he will lead the Company’s financial strategy in next growth and transition phase. He is currently Chief Financial Officer of Sandvik Group, which he first joined in 2007 and has been its CFO since 2013.
After thirteen years with the Company, whereof seven years as Chief Financial Officer, Mats Wallin, will leave his position to pursue other opportunities based on a mutual agreement with Autoliv. Mats will remain in his current position until his successor joins Autoliv.
“I would like to welcome Mats Backman to Autoliv, his experience and competence will be very important for Autoliv’s next development and transition phase. Mats Wallin has played a key role in increasing the company value by 4 times since he became CFO in 2009. I would like to sincerely thank him and wish him all the best for his future endeavours,” said Jan Carlson, Chairman, President and CEO, Autoliv.
