Veoneer Appoints Mats Backman As CFO

Veoneer Appoints Mats Backman As CFO

Backman joins from Autoliv, where he has held a similar position since 2016. Veoneer was spun off from Autoliv in July 2018.

Veoneer Inc., a global company focused on advanced driver assistance systems (ADAS) and automated driving (AD), has appointed Mats Backman as chief financial officer (CFO). He joins from Autoliv, where he has held a similar position since 2016. Veoneer was spun off from Autoliv in July 2018.

Backman will join Veoneer after ensuring a smooth transition of his current responsibilities in Autoliv, at the latest in early July 2019. H will replace Mathias Hermansson who has decided to seek new opportunities outside the company.

“I warmly welcome Mats to Veoneer. He is a proven leader with a strong track record and I look forward to working together with him to take Veoneer through the next growth phase,” said Jan Carlson, chairman, president and CEO, Veoneer.

“I look forward to joining Veoneer. The company is very well positioned in the growth area of automotive technology. The timing for this transition is good; I get to participate to the next part of the build-up of Veoneer and Autoliv is in a stable situation with a strong finance team,” said Backman.

Following Backman’s departure from Autoliv, Christian Hanke, vice president, corporate control, will serve as interim CFO until the search process for a permanent CFO at Autoliv is completed.

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