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 11, 1997
AUTOLIV, INC.
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(Exact Name of Registrant as Specified in its Charter)
Delaware
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(State or Other Jurisdiction of Incorporation)
001-12933 (51-037854)
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(Commission File Number) (IRS Employer Identification No.)
World Trade Center
Klarabergsviadukten 70
S-107 24 Stockholm
Sweden
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(Address of principal executive offices)
46 (8) 402 0600
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Registrant's Telephone Number, Including Area Code
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(Former Name or Former Address, if Changed Since Last Report)
Item 5. Other Events.
On June 11, 1997, Autoliv, Inc. (the "Company") issued a
press release, which is attached hereto as Exhibit 99.1 and is
hereby incorporated by reference.
Item 7. Financial Statements, Pro Forma Financial Information
and Exhibits.
(c) Exhibits.
99.1. Press release, dated June 11, 1997, issued by the
Company.
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.
Date: June 12, 1997 AUTOLIV, INC.
By: /s/ Joergen Svensson
Joergen Svensson
Vice President - Legal
Affairs, General Counsel
and Secretary
EXHIBIT INDEX
Exhibit
Number Description
99.1. Press release, dated June 11, 1997, issued by the
Company.
EXHIBIT 99.1
[AUTOLIV, INC. LETTERHEAD]
PRESS RELEASE
MANAGEMENT CHANGE AT AUTOLIV IN NORTH AMERICA
(Stockholm, June 11, 1997) -- Mr. Fred Musone, currently Chief
Operating Officer of Autoliv Inc. and President of Autoliv ASP,
Inc. in North America, and Mr. Robert Rapone, currently Vice
President of Production of Autoliv Inc. and Vice President of
Operations of Autoliv ASP, have elected to exercise their options
to leave the company to pursue other interests. The change will
be effective as of June 11, 1997.
Awaiting the appointment of the successors, Autoliv ASP will be
led by a management committee headed by Mr. Tom Hartman, Vice
President of Design Engineering & Product Development. The
committee also consists of Jacques Croisetiere, Vice President of
Finance & IT; George Kirchoff, Vice President of Automotive
Programs; Roger Tea, Vice President of Human Resources, and
Gustaf Celsing, President of "old" Autoliv's subsidiary Autoliv
North America Inc.
Autoliv Inc. manufactures airbags for driver, passenger and side-
impact applications, inflatable knee bolsters, seat belts and
seat belt pretensioners, steering wheels, seat components, child
seats and electronics for virtually all major automotive
manufacturers in the world. Autoliv Inc. has more than 50
wholly-owned subsidiaries or joint ventures with 15,000 employees
in 25 vehicle-producing countries worldwide. In addition, the
Company has more research and development centers in the world,
including 14 test tracks, than any other automotive safety
supplier. The company's shares are listed on the New York Stock
Exchange (NYSE: ALV), its Swedish depository receipts on the
Stockholm Stock Exchange (SSE: ALIV) and its stock option on the
Chicago Board of Option Exchange (CBOE: ALV).
For further information, contact:
- Gunnar Bark, Chairman and CEO, tel. +46-8-402-06-60
Autoliv AB Autoliv ASP, Inc.
Klarabergsviadukten 70, Sec. C 3350 Airport Road
P.O. Box 703 81, SE-107 24 Stockholm, Sweden Ogden, UT 84405, USA
Tel +46 (8) 402-0600 Tel +1 (801) 629-9800
Fax +46 (8) 24 44 79 Fax +1 (801) 625-4911
