Autoliv Appoints New Directors, Board Changes
Ticker: ALV · Form: 8-K · Filed: Sep 18, 2024 · CIK: 1034670
Sentiment: neutral
Topics: board-changes, executive-compensation, governance
Related Tickers: ALV
TL;DR
Autoliv's board is changing: Jan Carlson out, Christian Johansson & Per-Arne Blomquist in. New exec comp details too.
AI Summary
Autoliv, Inc. announced on September 13, 2024, a change in its Board of Directors. Specifically, the company reported the departure of Director Jan Carlson and the election of two new directors, Christian Johansson and Per-Arne Blomquist, effective immediately. This filing also includes information on compensatory arrangements for certain officers.
Why It Matters
Changes in a company's board of directors can signal shifts in strategic direction or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing primarily concerns routine board changes and executive compensation, which are standard corporate events and do not indicate significant financial distress or operational issues.
Key Players & Entities
- Autoliv, Inc. (company) — Registrant
- Jan Carlson (person) — Departing Director
- Christian Johansson (person) — Newly Elected Director
- Per-Arne Blomquist (person) — Newly Elected Director
- September 13, 2024 (date) — Date of earliest event reported
FAQ
Who has departed from Autoliv's Board of Directors?
Director Jan Carlson has departed from Autoliv's Board of Directors as of September 13, 2024.
Who are the newly elected directors at Autoliv?
Christian Johansson and Per-Arne Blomquist have been elected as new directors to Autoliv's Board, effective September 13, 2024.
What is the date of the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on September 13, 2024.
What other information is included in this filing besides director changes?
This filing also includes information regarding compensatory arrangements of certain officers.
In which state was Autoliv, Inc. incorporated?
Autoliv, Inc. was incorporated in Delaware.
Filing Stats: 721 words · 3 min read · ~2 pages · Grade level 9.6 · Accepted 2024-09-18 10:43:15
Key Financial Figures
- $1.00 — ch registered Common Stock (par value $1.00 per share) ALV New York Stock Excha
Filing Documents
- alv-20240913.htm (8-K) — 50KB
- alv-ex99_1.htm (EX-99.1) — 20KB
- alv-ex99_2.htm (EX-99.2) — 19KB
- img180290266_0.jpg (GRAPHIC) — 27KB
- img181213787_0.jpg (GRAPHIC) — 27KB
- 0000950170-24-107637.txt ( ) — 293KB
- alv-20240913.xsd (EX-101.SCH) — 27KB
- alv-20240913_htm.xml (XML) — 5KB
01 Other Events
Item 8.01 Other Events. In a press release dated September 17, 2024, the Company announced that the Board had appointed Mr. Fabien Dumont as Executive Vice President and Chief Technology Officer of the Company, succeeding Mr. Jordi Lombarte who becomes Senior Technical Advisor to the Company. A copy of the press release dated September 17, 2024 is filed as Exhibit 99.2 to this report and is incorporated herein by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) EXHIBITS 99.1 Press Release of Autoliv, Inc. dated September 16, 2024. 99.2 Press Release of Autoliv, Inc. dated September 17, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). EXHIBIT INDEX Exhibit No. Description 99.1 Press Release of Autoliv, Inc. dated September 16, 2024. 99.2 Press Release of Autoliv, Inc. dated September 17, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES 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 hereunto duly authorized. AUTOLIV, INC By: /s/ Anthony J. Nellis Name: Anthony J. Nellis Title: Executive Vice President, Legal Affairs and General Counsel Date: September 18, 2024