Proposal for new Board members in Trelleborg AB
Proposal for new Board members in Trelleborg AB A Nominating committee consisting of the Chairman of the Board and representatives from major owners representing approximately 65 percent of the voting rights in Trelleborg, has decided to put the following proposal before the Annual General Meeting: Didrik Normark (elected to Trelleborg's Board of Directors in 1994) has declined reelection at the next Annual General Meeting on the grounds of age. Ann-Christine Albertsson (elected in 1999) has also declined reelection. The following new Board members will be proposed: Claes Lindqvist, CEO of Höganäs and Heléne Bergquist, Senior Vice President of the Electrolux Group. The following Board members will be proposed for reelection: Anders Narvinger (Chairman), Fredrik Arp (CEO), Rolf Kjellman, Berthold Lindqvist and Staffan Bohman. The Board members elected by employees are Kim Davidsson, Alf Fredlund, Karin Linsjö and Rolf Larsson. The President and CEO of Höganäs AB, Claes Lindqvist, 53 years of age and a graduate engineer and economist, has worked as the CEO of the Höganäs Group since 1990. Claes Lindqvist has a solid background in engineering and has also held positions of responsibility for various operations within such companies as ABB and Åkerlund & Rausing. In addition to his involvement with Höganäs, Claes Lindqvist is a Board member in Jernkontorets Fullmäktige, the Southern Sweden Chamber of Commerce, AB Wilh Becker, SIMI Scandinavian International Management Institute and the Dunker Funds and Foundations. Heléne Bergquist, Senior Vice President of the Electrolux Group, 45 years of age, has worked with global internal-control issues at the Electrolux Group for three years. She was previously a partner, part owner and authorized auditor at PricewaterhouseCoopers where she was responsible for a business unit dealing with consumer and industrial products. Her other assignments include Board membership in the Association for the Development of Generally Accepted Accounting Principles and previously, she chaired the Swedish Institute of Authorized Public Accountants' educational committee. "Didrik and Ann Christine have participated in an admirable and committed way in the development of the Trelleborg Group for many years. We have now found worthy successors for them," says Chairman of the Board, Anders Narvinger. "Claes Lindqvist's comprehensive industrial experience and Heléne Bergquist's expertise in finance and control provide a most suitable complement to the Board." Trelleborg's nominations committee consisted of Chairman of the Board Anders Narvinger, Rolf Kjellman (the Dunkers Funds and Foundations), Ramsay Brufer (Alecta), Caroline af Ugglas (Skandia), Marianne Nilsson (Robur) and Lars Örstedt (AFA). Further information can be obtained from Trelleborg's Senior Vice president, Corporate Communications, Mikael Byström, +46 (0) 410-670 37, 0708-55 21 69 or from Viktoria Bergman, Vice President, Corporate Communications, +46 410-670 94 or +46 708-47 57 33. 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 approximately SEK 22.5 billion, with about 21,000 employees in 40 countries. Trelleborg consists of five business areas: Trelleborg Automotive, Trelleborg Wheel Systems, Trelleborg Engineered Systems, Trelleborg Building Systems and Trelleborg Sealing Solutions. The Trelleborg share has been quoted on the A list of Stockholmsbörsen since 1964. www.trelleborg.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/11/28/20031128BIT00460/wkr0001.doc http://www.waymaker.net/bitonline/2003/11/28/20031128BIT00460/wkr0002.pdf