UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 3, 2011
Autoliv, Inc.
(Exact name of registrant as specified in its charter)
Delaware | 001-12933 | 51-0378542 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
World Trade Center,
Klarabergsviadukten 70,
Box 70381
SE-107 24 Stockholm, Sweden
(Address of principal executive offices, including zip code)
+46 8 587 20 600
(Registrants telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (See General Instruction A.2 below):
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
(d) On November 3, 2011 Autoliv, Inc. (the Company) issued a press release announcing that the Board of Directors has elected Dr. Xiaozhi Liu to the Board for a term effective November 3, 2011 until the 2012 Annual Meeting of the Stockholders (AGM) and the Board intends to nominate her for election by stockholders at the 2012 AGM. Dr. Liu fills a vacancy on the Board and with her election the Board will be composed of a total of 10 members.
Dr. Liu has entered into the Companys form of indemnification agreement, a copy of which has been filed as Exhibit 99.i on Form 10-K (File No. 001-12933, filing date February 23, 2009). There are no related party transactions between the Company and Dr. Liu.
A copy of the press release is filed as Exhibit 99.1 to this report and is incorporated herein by reference.
Item 9.01 | Financial Statements and Exhibits |
(d) EXHIBITS
99.1 | Press Release of Autoliv, Inc. dated November 3, 2011. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
AUTOLIV, INC. | ||||||
Date: November 3, 2011 | ||||||
By: | /s/ Lars A. Sjöbring | |||||
Name: | Lars A. Sjöbring | |||||
Title: | Group Vice President Legal Affairs General Counsel and Secretary |
Exhibit 99.1
PRESS RELEASE
Autoliv Elects New Board Member
(Stockholm, November 3, 2011) Autoliv Inc. (NYSE: ALV and SSE: ALIV) the worldwide leader in automotive safety systems today announced that it has elected Dr. Xiaozhi Liu as a new member of its Board of Directors.
Doctor Liu has a long experience in the automotive industry and a thorough educational background. She has Ph. D. and Master Degree in Chemical Engineering and Electrical Engineering from the German Friedrich-Alexander Universität in Erlangen, Nurembourg, and a Bachelors Degree in Electrical Engineering from the Chinese Jiaotong University in Xian.
After completing her studies in 1992, she was recruited into GMs Delphi operations and worked in various executive positions in Germany, China and the U.S., where she rose to the position of Director of Electronics, Controls & Software for GM in Detroit, Chief Engineer & Chief Technology Officer of GM in China and Chairman & CEO for General Motors Taiwan. Between 2005 and 2006, she was CEO and Vice Chairman of Fuyao Glass Industry Group Co Ltd., a public company listed in Shanghai. In 2007, she became the President and CEO of NeoTek China, a supplier of automotive chassis and transmission parts and, in 2008, the Chairman of the companys board of directors. Since 2009, she has been running her own company, ASL Automobile Science & Technology (Shanghai) Co., Ltd., which introduces and implements globally advanced technologies to Chinese companies.
In addition to being Chairman of the board of NeoTek China, Doctor Liu serves on the board of the US-based wind-turbine company Viryd Technologies Inc.
Doctor Liu was born in 1956, is a Chinese citizen and fluent in English, German and Mandarin. She was elected for the current term that expires at the 2012 Annual General Meeting of Shareholders.
Photo of our new board member is attached with the press release.
Inquiries: | ||||
Dr. Xiaozhi Liu | Tel. +86 136 1611 7265 | |||
Jan Carlson, President & CEO, Autoliv Inc. | Tel. +46 8 587 20 600 |
About Autoliv
Autoliv Inc., with its joint ventures, has 80 facilities with 46,000 employees in 29 countries. In addition, the Company has ten technical centers in nine countries around the world, with 21 test tracks, more than any other automotive safety supplier. Sales in 2010 grew to by 40% to nearly US $7.2 billion. The Companys shares are listed on the New York Stock Exchange (NYSE: ALV) and its Swedish Depository Receipts on the OMX Nordic Exchange in Stockholm (ALIV sdb). For more information about Autoliv, please visit our company website at www.autoliv.com.
Autoliv Inc. | Autoliv Inc. c/o Autoliv Electronics | |
Klarabergsviadukten 70, Sec. E | 26545 American Drive | |
P. O. Box 703 81, SE-107 24 Stockholm, Sweden | Southfield, MI 48034, USA | |
Tel +46 (8) 58 72 06 23, Fax +46 (8) 24 44 93 | Tel +1 248 475 0427, eFax +1 801 625 6672 | |
e-mail: mats.odman@autoliv.com | e-mail: ray.pekar@autoliv.com |
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