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Autoliv Board member to resign


Stockholm--October 25, 2013: The Board of Directors of the worldwide leader in automotive safety systems, Autoliv, Inc. , today announced that it has received notice from Mr Bo I Andersson of his intent to resign from the Board. Mr. Andersson turns in his resignation in order to avoid the appearance of any type of conflict of interest in connection with his plan to leave his current position as President and CEO of GAZ Group and pursue a new executive opportunity. The resignation will be effective on November 6, 2013.

Mr. Andersson has been a director of the Autoliv Board since 2012.

“I would like to extend my sincere and personal thanks to Bo Andersson for his contributions to the Autoliv Board during the last two years. Bo’s deep experience has been a real asset for the Autoliv Board during his tenure with our company, and we wish him the best of success with his future plans.” commented Jan Carlson, President and CEO, of Autoliv.