STOCKHOLM, Dec. 29, 2025 — Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), a global frontrunner in automotive safety systems, announced today that Fredrik Westin has agreed to extend his tenure with the company, with his resignation now set to be effective March 31, 2026.
Mr. Westin will continue in his role as Executive Vice President, Finance and Chief Financial Officer through the amended departure date. The company’s search for his successor is ongoing.
This leadership transition occurs as Autoliv navigates a dynamic automotive landscape, heavily influenced by evolving safety regulations, the accelerated adoption of electric vehicles (EVs), and the increasing integration of advanced driver-assistance systems (ADAS). The company’s strategic focus on innovation in passive and active safety technologies, including advanced airbag systems, seatbelt pre-tensioners, and increasingly sophisticated sensor and software integration for autonomous driving, positions it at the forefront of the industry’s transformation.
The automotive safety market is undergoing significant technological shifts. The drive towards higher levels of autonomy necessitates a robust framework of safety redundancies, where Autoliv’s expertise in integrated safety solutions becomes paramount. Furthermore, the increasing complexity of vehicle architectures and the demand for lighter, more sustainable materials present both challenges and opportunities for component suppliers like Autoliv. The company’s ability to adapt its product portfolio and manufacturing processes to meet these demands will be critical for its continued success.
The extension of Mr. Westin’s role provides a period of stability and continuity for Autoliv’s financial operations during this crucial period of industry recalibration. The CFO’s deep understanding of the company’s financial health, capital allocation strategies, and R&D investments will be invaluable as Autoliv continues to invest in future safety innovations and potentially pursue strategic partnerships or acquisitions in the rapidly evolving mobility ecosystem.
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**About Autoliv**
Autoliv, Inc. (NYSE: ALV) (Nasdaq Stockholm: ALIV.sdb) stands as the global leader in automotive safety systems. Through its group companies, Autoliv develops, manufactures, and markets essential safety components such as airbags, seatbelts, and steering wheels for major automotive manufacturers worldwide. The company also offers advanced mobility safety solutions, including pedestrian protection, connected safety services, and safety solutions for riders of powered two-wheelers. Autoliv’s mission is to challenge and redefine mobility safety standards to deliver leading, sustainable solutions. In 2024, Autoliv’s products were credited with saving approximately 37,000 lives and preventing over 600,000 injuries.
With operations spanning 25 countries and 13 technical centers dedicated to research and development, Autoliv employs 65,000 individuals united by a vision of “Saving More Lives.” Quality is a cornerstone of the company’s operations. In 2024, Autoliv reported sales of $10.4 billion. For more information, please visit www.autoliv.com.
**Safe Harbor Statement**
This report contains forward-looking statements, as defined within the Private Securities Litigation Reform Act of 1995. These statements pertain to activities, events, or developments that Autoliv, Inc. or its management anticipates may occur in the future. All forward-looking statements are based on current expectations, various assumptions, and data from third parties. Autoliv expresses its expectations and assumptions in good faith, believing there is a reasonable basis for them. However, no assurance can be given that such forward-looking statements will materialize or prove correct. Forward-looking statements are inherently subject to known and unknown risks, uncertainties, and other factors that could cause actual future results, performance, or achievements to differ materially from those expressed or implied by such 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. Autoliv claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 for any forward-looking statements contained herein or in any other document. The company assumes no obligation to publicly update or revise any such statements in light of new information or future events, except as required by law.
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