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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): June 30, 2025

 

 

Autoliv, Inc.

(Exact name of Registrant as Specified in Its Charter)

 

 

Delaware

001-12933

Not applicable

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

Klarabergsviadukten 70, Section D

5th Floor,

Box 70381,

 

Stockholm, Sweden

 

SE-107 24

(Address of Principal Executive Offices)

 

(Zip Code)

 

+46 8 587 20 600

(Registrant’s 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))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common Stock (par value $1.00 per share)

 

ALV

 

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 


Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 30, 2025, Autoliv, Inc. (the “Company”) issued a press release announcing that Fredrik Westin had notified the Company of his intent to resign from his position as the Chief Financial Officer and Executive Vice President, Finance of the Company.

Mr. Westin's resignation will be effective January 1, 2026, unless otherwise agreed by the parties, following the expiration of the six-month notice period continuing through December 31, 2025 as required by Mr. Westin's employment agreement with the Company. His departure is not due to any disagreement between Mr. Westin and the Company relating to the Company’s financial reporting or condition, policies or practices.

Per the terms of his employment agreement, Mr. Westin is entitled to his normal compensation through the duration of his notice period.

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 June 30, 2025.

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 June 30, 2025.

104

 

Cover Page Interactive Data File (embedded within the Inline XBRL document).

 


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: July 2, 2025


EX-99.1 2 alv-ex99_1.htm EX-99.1 EX-99.1

img180290266_0.jpg

PRESS RELEASE

 

 

Exhibit 99.1

Autoliv Announces Departure of Chief Financial Officer

(Stockholm, Sweden, June 30, 2025) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that Fredrik Westin has decided to resign as the Chief Financial Officer and Executive Vice President, Finance for personal reasons and to pursue a position in continental Europe, where he resided prior to joining Autoliv in March 2020. He remains in his current position until December 31, 2025, unless otherwise agreed by the parties.

Mikael Bratt, President and CEO of the Company, said, “We sincerely thank Fredrik for his valuable contributions to Autoliv and the executive management team over the past five years which has been a particularly challenging period for the global automotive industry. We wish him and his family all the best as they relocate.”

The recruitment process for the successor Chief Financial Officer will be launched immediately.

Inquiries:

Investors & Analysts: Anders Trapp, Tel +46 (0)8 587 206 71

Investors & Analysts: Henrik Kaar, Tel +46 (0)8 587 206 14

This information is information that Autoliv, Inc. is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the contact person set out above, at 14:10 CET on June 30, 2025.

About Autoliv

Autoliv, Inc. (NYSE: ALV; Nasdaq Stockholm: ALIV.sdb) is the worldwide leader in automotive safety systems. Through our group companies, we develop, manufacture and market protective systems, such as airbags, seatbelts, and steering wheels for all major automotive manufacturers in the world as well as mobility safety solutions, such as pedestrian protection, connected safety services and safety solutions for riders of powered two wheelers. At Autoliv, we challenge and re-define the standards of mobility safety to sustainably deliver leading solutions. In 2024, our products saved close to 37,000 lives and reduced more than 600,000 injuries.

We have operations in 25 countries, and we drive innovation, research, and development at our 13 technical centers. Our 65,000 employees are passionate about our vision of Saving More Lives and quality is at the heart of everything we do. Sales in 2024 amounted to $10.4 billion. For more information go to www.autoliv.com.

 

Safe Harbor Statement

This report contains statements that are not historical facts but rather forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that address activities, events or developments that Autoliv, Inc. or its management believes or anticipates may occur in the future. All forward-looking statements are based upon our current expectations, various assumptions and data available from third parties. Our expectations and assumptions are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those set out in the forward-looking statements, including general economic conditions and fluctuations in the global automotive market. For any forward-looking statements contained in this or any other document, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we assume no obligation to update publicly or revise any such statements in light of new information or future events, except as required by law.

 

Autoliv Inc.

Box 70381, 107 24 Stockholm

Visiting address: World Trade Center, Klarabergsviadukten 70, D5, 111 64 Stockholm

Phone: +46 (0)8 58720600