Extraordinary General Meeting of Finnveden AB (publ)

2005-02-04 Press release

Extraordinary General Meeting of Finnveden AB (publ)

At the Extraordinary General Meeting of Finnveden AB, the following resolution was adopted.
Election of Board of Directors 
Tommy Boork and Ulla-Britt Fräjdin-Hellqvist were re-elected to the Board and Roger Holtback, Arne Karlsson, Hans Gustavsson and Ulf Rosberg were newly elected to the Board. Roger Holtback was elected Chairman of the Board of Directors at the statutory Board meeting.
Roger Holtback, aged 59, is Chairman of the Board of Capio AB and Gunnebo AB and was formerly President of Volvo Cars. Subsequently, Roger Holtback has held positions as president or senior executive in, among other companies, SEB and Bure. It is proposed that Roger Holtback be elected Chairman of the Board.
Arne Karlsson, 60, formerly CFO and Executive Vice President of Scania and currently Board member of Haldex and various Scania subsidiaries.
Hans Gustavsson, 59, who has 36 year of experience of the automotive industry, from such positions as Product Development Manager for Volvo Cars.
Ulf Rosberg, 39, partner of Nordic Capital. Ulf Rosberg is Board member of Ahlsell and Möln-lycke Health Care.
At a later date, the Board will be supplemented with an additional one or two members.
Year-End Report 
At the statutory Board meeting it was decided to publish the Year-End Report for 2004 on February 25, 2005.
Finnveden AB (publ)
For further information, contact: 
Tommy Boork , CEO of Finnveden, +46 (0)31-734 59 10.
Finnveden is an international engineering group, with strong market positions in the automotive industry. Products include fasteners, engine components and structural components. Finnveden is listed on Stockholmsbörsen (Stockholm Exchange) and has annual sales of about SEK 4.8 billion, with 3,300 employees. 
Additional information is available on Finnveden?s website: www.finnveden.com