STOCKHOLM, Sweden, Feb. 7, 2003 (PRIMEZONE) -- Fredrik Moller has been appointed President of Atlas Copco Tools (Other OTC:ATLKY) and Assembly Systems, a division within Atlas Copco's Industrial Technique business area, effective March 1, 2003. He will succeed Peter Moller, who takes up a position outside the Group.
Fredrik Moller, who is currently General Manager of the division's North America operations, began his career with Atlas Copco Tools and Assembly Systems (ACTA) in 1990, directly after his graduation. During his 12-year long career he has held managerial positions in sales, marketing and product development and he has achieved a broad experience and knowledge of this business.
"Fredrik has contributed to a major growth of the division's business in North America, especially within the motor vehicle industry," said Goran Gezelius, Senior Executive Vice President of Atlas Copco AB and head of the Industrial Technique business area. "I am convinced that he is the right person to lead the division in this period of expansion into new markets."
Fredrik Moller holds a Masters of Science degree from Linkoping Institute of Technology and an MBA from Weatherhead School of Management, Cleveland, Ohio, USA.