Autoliv, Inc. (NYSE: ALV and SSE: ALIVSDB), the global leader in automotive safety systems, has announced the appointment of Monika Grama as its new Chief Financial Officer and Executive Vice President, Finance. Grama, who has been serving as the Vice President, Finance of the Autoliv Europe Middle East and Africa (EMEA) division since 2020, will succeed Fredrik Westin, effective from April 1, 2026.
Grama, who joined Autoliv in 2009, has held various leadership roles within the finance domain, including serving as the finance manager and managing director of Autoliv Romania. Her appointment to the executive management team has been described as a significant move, leveraging her extensive experience and strong management and transformation skills to contribute to Autoliv's strategic goals.
The outgoing CFO, Fredrik Westin, will be leaving the company on March 31, 2026. Autoliv's President and CEO, Mikael Bratt, expressed gratitude for Westin's valuable contributions during a period of intense business transformation and wished him well in his future endeavors.
Autoliv's financial performance in 2025 is noteworthy, with sales amounting to $10.8 billion. Moreover, the company's products were credited with saving approximately 40,000 lives and reducing around 600,000 injuries during the same period. These figures underscore the company's commitment to delivering leading mobility safety solutions and redefining industry standards.
The market has reacted to these announcements by moving the company's shares -2.47% to a price of $126.38. For the full picture, make sure to review AUTOLIV INC's 8-K report.
