Autoliv Inc. – the global leader in automotive safety systems – has elected Mr. Franz-Josef Kortüm as a new member to its Board of Directors.
Mr. Kortüm has a long and impressive career in the automotive industry, in 1994 joining Webasto SE (Stockdorf/Munich), a leading German automotive industry supplier focused on roof and heating systems. From 1998 to 2012 he was active as Chief Executive Officer.
From 1976 to 1992 Mr. Kortüm held various positions with Daimler AG. From 1989 to 1991 he was General Manager of the Domestic Commercial Vehicle Sales Division. In 1992 Mr. Kortüm joined Audi AG, where he from 1993 to 1994 was active as Chief Executive Officer.
In addition to joining the Board of Directors of Autoliv Mr. Kortüm is also Vice Chairman of the Supervisory Board of Webasto SE, Chairman of the Advisory Board of Brose Fahrzeugteile Gmbh & Co.KG (Coburg) and member of the Supervisory Board of Wacker Chemie AG (Munich). Until recently Mr. Kortüm was also a member of the Supervisory Board of Schaeffler AG (Herzogenaurach). From 2004 thru 2012 Mr. Kortüm was a member of the managing board of the VDA (German Association of the Automotive Industry) and during this time also the Deputy spokesman of the German Automotive Supplier industry.
“I am pleased to welcome Franz-Josef Kortüm to Autoliv’s Board of Directors. His extensive automotive industry experience and proven leadership will be very valuable assets in the future work of the board”, said Jan Carlson, President & CEO for Autoliv Inc.
Franz-Josef Kortüm born in 1950 holds a MBA equivalent degree in Business Administration from the University of Regensburg, Germany.
Autoliv’s Board has determined that Mr. Kortüm is “independent” according to the New York Stock Exchanges’ rules and regulations.
