TRELLEBORG, Sweden--(BUSINESS WIRE)--Regulatory News:
Frank Müller will become the new CEO of the joint venture TrelleborgVibracoustic. He will assume his position June 1, 2015. He succeeds Hans-Jürgen Goslar who is retiring during the first quarter of 2016.
Frank Müller joins TrelleborgVibracoustic from his position as Vice President & General Manager for TRW Automotive’s Global Occupant Safety Systems. TRW Automotive is among the world’s largest and most diversified suppliers of automotive systems, primarily within passive safety related products and systems. Frank Müller previously worked in a number of other roles, including as President and CEO at Behr America. He has a Master’s degree in Economics from ESB Business School, Reutlingen, Germany, and from Middlesex University, London, England.
“I am very pleased to welcome Frank Müller to TrelleborgVibracoustic. His vast global experience within the automotive industry makes him a competent successor to Hans-Jürgen Goslar, and a suitable CEO to lead TrelleborgVibracoustic into its exciting future,” says Peter Nilsson, President and CEO of Trelleborg.
“It is with great pleasure I take on this position. I look forward to continuing to build on TrelleborgVibracoustic’s positive development during the past few years,” says Frank Müller.
Hans-Jürgen Goslar has been CEO of TrelleborgVibracoustic since the creation of the joint venture in 2012 and, prior to this, he had held the position as CEO of Vibracoustic since 2008.
“I would like to extend my heartfelt thanks to Hans-Jürgen Goslar. He has been instrumental in the successful creation and integration of the joint venture between Trelleborg Automotive AVS and Vibracoustic, and in establishing the company as a leader in its industry,” concludes Peter Nilsson.
Lennart Johansson, currently member of the Management Board of TrelleborgVibracoustic, will end his assignment from February 1, 2015. In connection with this, TrelleborgVibracoustic will reduce the Management Board from four to three persons. Following a transition period, Lennart Johansson will assume a position as Senior Advisor in the Trelleborg Group.
Trelleborg is a world leader in engineered polymer solutions that seal, damp and protect critical applications in demanding environments. Its innovative engineered solutions accelerate performance for customers in a sustainable way. The Trelleborg Group has annual sales of about SEK 21 billion in over 40 countries. The Group comprises five business areas: Trelleborg Coated Systems, Trelleborg Industrial Solutions, Trelleborg Offshore & Construction, Trelleborg Sealing Solutions and Trelleborg Wheel Systems. In addition, Trelleborg owns 50 percent of TrelleborgVibracoustic, a global leader within antivibration solutions for light and heavy vehicles, with annual sales of approximately SEK 15 billion in about 20 countries. The Trelleborg share has been listed on the Stock Exchange since 1964 and is listed on NASDAQ OMX Stockholm, Large Cap. www.trelleborg.com
This is information of the type that Trelleborg AB (publ) is obligated to disclose in accordance with the Swedish Securities Exchange and Clearing Operations Act and/or the Financial Instruments Trading Act. The information was issued for publication on January 22, 2015, at 09:00 a.m.
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