Haldex Strengthens Global Sales Focus

STOCKHOLM--(BUSINESS WIRE)-- Regulatory News:

Haldex AB (publ) (STO:HLDX) announces the appointment of Ed Meador as Senior Vice President, North American Sales, new member of Haldex Group Management, and a strengthened focus on global sales.


Ed Meador has been appointed as Senior Vice President, North American Sales, which is effective today November 14, 2012. Ed Meador brings over 25 years of commercial vehicle industry experience to Haldex, having previously held executive-level positions within Motor Wheel Commercial Vehicle Systems, Hayes Lemmerz International and Fontaine (a Marmon Group Company). Haldex Group Management will be extended to include Ed Meador.

Bo Annvik, President and CEO, Haldex said: "I am excited that Ed Meador has joined Haldex and look forward to his contributions as a member of our Group Management team. Haldex will benefit from Ed's experience and knowledge of North American commercial truck, trailer, aftermarket, military and agricultural markets. This appointment will further support our goal of a stronger and more focused Haldex."

Haldex global management of Sales and Marketing will further be strengthened by the following changes:

Andreas Richter will assume the position of Senior Vice President, Europe and ROW Sales and continue his responsibility for leading Haldex global brand and marketing strategies.

Aichang Li, Senior Vice President, Asia Pacific will continue to lead sales and drive growth in our key Asia Pacific markets.

Haldex (www.haldex.com), headquartered in Landskrona, Sweden, is a provider of proprietary and innovative solutions to the global commercial vehicle industry, with focus on products in vehicles that enhance safety, environment and vehicle dynamics. Haldex is listed on the Nasdaq OMX Stockholm Stock Exchange and had net sales of approx 4 billion SEK in 2011. The number of employees amounts to about 2,350.

Haldex AB (publ) is required to publish the above information under the Swedish Financial Instruments Trading Act. The information was submitted for publication on November 14, 2012 at 08:30 CET.

This information was brought to you by Cision http://www.cisionwire.com



Haldex AB
Bo Annvik
President and CEO
+46 705 90 91 40
or
Kristina Brink
Corporate Communications Manager
+46 705 90 91 40

KEYWORDS:   Europe  Sweden

INDUSTRY KEYWORDS:

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