STOCKHOLM — Haldex announced that it has reorganized the company into a "functional organization." The Group Management structure will be extended to include business development and global sourcing and logistics functions.
 
Haldex says this new functional organization will reduce complexity and optimize the processes through the entire value chain, from R&D to the final customer product. Effective immediately, the new functional organization will replace the present structure for the company’s two business units, Air Controls and Foundation Brake.
 
The Group Management will reflect the organizational change and will include the new functions of Business Development and Global Sourcing & Logistics.
 
As a result, Paul Bale will take the new position of SVP, Business Development. Bale joined the Haldex Group in 2000 and has held several senior-level management positions within the company.
 
Bjarne Lindblad will take the new position of SVP, Global Sourcing & Logistics. Lindblad brings nearly 10 years of relevant experience within Haldex and has held several vice president positions in the controlling and purchasing functions within the company.
 
Ulf Ahlén, CEO and president of Haldex, commented, “The new functional organization is a natural step in our continuous ambition to reduce complexity and to streamline the company. A functional organization simplifies the execution of our long-term R&D strategy, the rationalization of the supplier network, and supports the continuous work of standardizing business and production processes.
 
“I welcome Paul and Bjarne into the Group Management. Paul’s comprehensive product and technology knowledge, along with Bjarne’s extensive experience in strategic sourcing, will add valuable competence and creativity into the Group Management,” Ahlén said.
 
The company noted that this organizational change will not have a major effect on Haldex’s quarterly reporting format.