Trelleborg nominates new chairman
STOCKHOLM, Sweden (Dec. 3, 2001)—Trelleborg A.B. has nominated a senior executive at the diversified Swedish industrial group ABB Ltd. to be its next chairman, replacing Rune Andersson, who plans to retire next year after 19 years at the helm of Trelleborg. The board nominated Anders Narvinger, 53, already a Trelleborg board member, to take over after the April 2002 annual meeting. "It feels right to hand over the chairmanship to Anders, who has amassed a considerable amount of know-how about Trelleborg through his board duties during the past few years," Andersson said in a prepared statement. "His sound industrial experience from major companies in the engineering sector also fit in well with Trelleborg´s new structure." Narvinger, group senior vice president at ABB, has been a Trelleborg board member since 1999. Trelleborg Deputy Chairman Lennart Nilsson also plans to retire next year.