3/6/2015
NEWS BRIEFS
Bulten Chairman Stepping Down; Replacement Identified
Roger Holtback
Bulten AB’s Chairman, Roger Holtback, announced that after ten years on Bulten’s Board of Directors, he will decline re-election at the forthcoming Annual General Meeting on April 29, 2015.
“After more than ten exciting and successful years, it is time to take on new challenges, not least in my own business group,” Holtback stated.
Recent successes include strong Bulten market capitalization, healthy financial position, Nordic Capital has left as owner, the organic growth has increased by over 30% and the production in the factory in Russia has started.
“In addition, division Finnveden Metal Structures has been sold in an industrially sound transaction and Bulten has become a clearly focused business with a new and inspired executive team,” Holtback added.
The Nomination Committee intends to elect Ulf Liljedahl to the board and appoint him new Chairman of the Board. Liljedahl is CEO of Volito AB since March 1, 2015. He was previously Head of Group Finance, IT and investor relations for the Husqvarna Group and has held the position as VP and CEO of Cardo Group and a number of positions in finance at Alfa Laval.
Furthermore, the committee proposes that Gustav Lindner is elected new board member. Gustav Lindner is the CEO of Investment AB Öresund since October 2014 and has previously held various positions at Swedbank.
The committee also intends to elect Peter Karlsten new board member. Peter Karlsten is Executive VP, Volvo Group Truck Sales & Marketing EMEA since 2012 and has held various positions in primarily ABB and AB Volvo.
The Nomination Committee intends to propose re-election of Hans Gustavsson, Johan Lundsgård, Ann-Sofie Danielsson and Hans Peter Havdal.
Bulten is a leading fastener supplier to the European automotive industry. The company’s product range includes everything from customer-specific standard products to specialist, customized fasteners. The company also provides technical development, line-feeding, logistics, material and production expertise. Web: bulten.com
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