TRELLEBORG, Sweden--(BUSINESS WIRE)--Regulatory News:
Ulf Berghult has been appointed new Chief Financial Officer (CFO) of the Trelleborg Group (STO:TRELB) and will assume the position during the second quarter of 2012. He replaces Carolina Dybeck Happe who will join Assa Abloy as CFO in the spring.
Ulf Berghult most recently served as CFO of Dometic Group, a manufacturer and supplier of products for the caravan, motorhome, automotive, truck and boating industries. Ulf has previously worked as CFO of the Thule Group and Rolls Royce Marine Systems, among other companies. Between 1987 and 1995, he was employed as controller within the Trelleborg Group.
“With Ulf, we get a CFO with nearly 25 years of experience of controlling and finance from the industrial sector. We are therefore delighted to be able to recruit him,” says Peter Nilsson, President and CEO of Trelleborg. “Ulf has comprehensive experience of mergers and acquisitions in addition to change management and financial control in international business environment. He has a strong operational and business focus, which we value highly,” concludes Peter Nilsson.
“I am very excited to have the opportunity to take on the role as CFO of such an international and dynamic operation as Trelleborg,” comments Ulf Berghult. “I am strongly motivated to use my skills and experience to further strengthen Trelleborg.”
Trelleborg is a global industrial group whose leading positions are based on advanced polymer technology and in-depth applications know-how. Trelleborg develops high-performance solutions that seal, damp and protect in demanding industrial environments. The Trelleborg Group had annual sales during 2010 of approximately SEK 27 billion, with about 20,000 employees in 40 countries. The Group comprises four business areas: Trelleborg Engineered Systems, Trelleborg Automotive, Trelleborg Sealing Solutions and Trelleborg Wheel Systems. The Trelleborg share has been listed on the Stockholm Stock Exchange since 1964 and is listed on the OMX Nordic List, 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 18, 2012, at 9:00 a.m.
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