Autoliv's interim CFO Christian Hanke to resign

Autoliv, the worldwide leader in automotive safety systems, has announced that Christian Hanke has notified the company of his intent to resign as the Interim Chief Financial Officer and Vice President Corporate Control to pursue another opportunity outside of Autoliv.

Hanke's resignation will be effective no later than March 18, 2020. Until the time Mr. Hanke's resignation becomes effective, he will continue to serve as the Interim Chief Financial Officer and Vice President Corporate Control. The company says it is continuing its search for a permanent replacement for the CFO position.

Mikael Bratt, President and CEO of the company, said, "We very much appreciate Christian's service and wish him the best of luck in his future assignments."

Autoliv is the worldwide leader in automotive safety systems. Through its subsidiaries, the company develops, manufactures and markets protective systems such as airbags, seatbelts, steering wheels and pedestrian protection systems for all major automotive manufacturers in the world. Autoliv says its products save over 30,000 lives each year and prevent 10 times as many severe injuries. 

Autoliv has 14 technical centres, with 19 test tracks. Sales in 2018 amounted to US $ 8,678 million (Rs 61,544 crore).