STOCKHOLM, June 9, 2020 /PRNewswire/ -- Autoliv, Inc.
(NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive
safety systems, will promote Kevin
Fox to the position of President, Americas and a member of
Autoliv's Executive Management Team. The promotion is expected to
be effective on June
15th upon the previously announced
resignation of Daniel
Garceau.
Kevin Fox has extensive
experience leading large-scale operations and driving positive
results over nearly two decades. He began his career at Autoliv in
1996, progressing into various Engineering, Operations and Quality
leadership roles in several facilities in Utah. In 2011 to
2018, he served as Plant Manager at different facilities in
Utah. During this time, Kevin provided outstanding leadership
and contribution to the evolution of the Autoliv Americas
automation processes. He is currently serving as the Vice
President Brazil where he has led the development and
implementation of a successful turnaround strategy for South America. This international experience
naturally expanded Kevin's leadership scope and scale. Kevin will
relocate from Brazil to
Auburn Hills, Michigan later this
year.
"I am pleased to announce this promotion to Kevin who in his
long career with Autoliv has been a key contributor to our success.
Kevin is a results-driven strategic leader and is a
current member of the Americas management team. He is already
familiar with the business and ready to lead the division", said
Mikael Bratt, President and CEO of
Autoliv.
Kevin Fox succeeds Daniel Garceau who departs Autoliv for an
opportunity with a company outside of the automotive industry.
About Autoliv
Autoliv, Inc. is the worldwide leader in vehicle safety systems,
and through our subsidiaries we develop, manufacture and market
protective systems, such as airbags, seatbelts, steering wheels and
pedestrian protection systems for all major automotive
manufacturers in the world. Our products save over 30,000 lives
each year and prevent ten times as many severe injuries.
Our more than 65,000 associates in 27 countries are passionate
about our vision of Saving More Lives and quality is at the heart
of everything we do. We have 14 technical centers, with 20 test
tracks. Sales in 2019 amounted to US $ 8,548
million. The shares are listed on the New York Stock
Exchange (NYSE: ALV) and the Swedish Depository Receipts on Nasdaq
Stockholm (ALIVsdb). For more information go
to www.autoliv.com.
Safe Harbor Statement
This report contains statements that are not historical facts
but rather forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Such
forward-looking statements include those that address activities,
events or developments that Autoliv, Inc. or its management
believes or anticipates may occur in the future. All
forward-looking statements are based upon our current expectations,
various assumptions and data available from third parties. Our
expectations and assumptions are expressed in good faith and we
believe there is a reasonable basis for them. However, there can be
no assurance that such forward-looking statements will materialize
or prove to be correct as forward-looking statements are inherently
subject to known and unknown risks, uncertainties and other factors
which may cause actual future results, performance or achievements
to differ materially from the future results, performance or
achievements expressed in or implied by such forward-looking
statements. Numerous risks, uncertainties and other factors may
cause actual results to differ materially from those set out in the
forward-looking statements, including general economic conditions
and fluctuations in the global automotive market. For any
forward-looking statements contained in this or any other document,
we claim the protection of the safe harbor for forward-looking
statements contained in the Private Securities Litigation Reform
Act of 1995, and we assume no obligation to update publicly or
revise any such statements in light of new information or future
events, except as required by law.
CONTACT:
Inquiries:
Media: Marja Huotari, Corporate
Communications, Tel +46-(0)-709-587-135
Investors & Analysts: Anders
Trapp, Investor Relations, Tel +46-(0)-8-587-206-71
Investors & Analysts: Henrik
Kaar, Investor Relations, Tel +46-(0)-8-587 206-14
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Kevin Fox
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