Anders Narvinger to succeed Rune Andersson as Chairman of Trelleborg AB
Trelleborg AB's long-standing Chairman Rune Andersson and Deputy
Chairman Lennart Nilsson have announced their decisions to retire from
these positions at the Annual General Meeting in April 2002. The Board
proposes to appoint Board member Anders Narvinger new Chairman of the
Anders Narvinger, 53, MSc. and MBA, has worked for the ABB Group since
1972 and has a solid industrial background. He has occupied several
senior executive positions within ABB, including President and CEO of
ABB AB in Sweden during the period 1996-2001. He is currently Group
Senior Vice President in ABB Ltd.
Anders Narvinger is also Chairman of the Swedish Export Council and Lund
Technical Institute, as well as being a member of the Board of Volvo Car
Corporation. In addition, he is a member of the Royal Swedish Academy of
Engineering Sciences (IVA).
"Trelleborg is today a completely different company, compared with when
I was first elected to the Board in 1999, and the work of the Board
along the way has been both fulfilling and inspiring," says Anders
Narvinger. "I am now looking forward to taking part, as Chairman, in the
work to further develop the Group in line with the established corporate
Rune Andersson was appointed President and elected a member of the
Trelleborg Board in 1983. After several years of strong expansion, he
took over the Chairmanship in 1990.
"My time with Trelleborg has been incredibly exciting," says Rune
Andersson. "I took over responsibility for the company in 1983. During
these past 19 years, Trelleborg has developed from a small rubber
company to become active in many different sectors and has now returned
to focus on a select number of core operations. Today, Trelleborg is a
focused, global industrial group, with a very strong financial position,
and it therefore feels right to leave the company at this point.
"It also feels right to hand over the Chairmanship to Anders, who has
amassed a considerable amount of know-how about Trelleborg through his
Board duties during the past few years. His sound industrial experience
from major companies in the engineering sector also fit in well with
Trelleborg's new structure," concludes Rune Andersson.
Further information can be obtained from Trelleborg's Senior Vice
President, Corporate Communications,
Mikael Byström, +46 (0) 410-67 037, 0708 - 55 21 69, or Vice President,
Mikael Sjöblom: +46 (0) 410-67 094, 0708 - 55 21 30.
Trelleborg is a global industrial group. Operations are based on
spearhead competence within polymer materials and a high level of
industrial know-how, combined with functional solutions and systems
designed to meet the needs of our customers. The Trelleborg Group has
annual sales of SEK 19 billion (pro forma 2000, including the most
recent acquisitions), with approximately 16,500 employees in 40
countries. Trelleborg consists of four business areas: Trelleborg
Automotive, Trelleborg Wheel Systems, Trelleborg Engineered Systems and
Trelleborg Building Systems. The Trelleborg share has been quoted on the
A list of the Stockholm Exchange since 1964.
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