STOCKHOLM, Sweden, Aug. 25, 2005 (PRIMEZONE) -- A unanimous Board today appointed Chief Financial Officer Bo Jacobsson First Executive Vice President of the Trelleborg Group. The new appointment will become effective on October 1, 2005 in conjunction with Peter Nilsson assuming the position of new President and Chief Executive Officer of the Trelleborg Group.
"With his broad experience of management and administration in major companies, and the in-depth knowledge he has acquired of the Trelleborg Group over many years, Bo is a vital sounding board for us all within Group Management," says incoming President and CEO Peter Nilsson.
George Caplea, President of Trelleborg's Automotive business area has been Executive Vice President of the Group for several years and will remain in this position.
Further information can be obtained from Trelleborg's Senior Vice president, Corporate Communications, Mikael Bystrom, +46 (0) 410-670 37, 0708-552169.
Trelleborg is a global industrial group whose leading positions are based on advanced polymer technology and in-depth applications know-how. Trelleborg develops high-performance solutions that seal, damp and protect in demanding industrial environments. The Trelleborg Group has annual sales of approximately SEK 23 billion, with about 22,000 employees in 40 countries. The Group comprises five business areas: Trelleborg Automotive, Trelleborg Wheel Systems, Trelleborg Engineered Systems, Trelleborg Building Systems and Trelleborg Sealing Solutions. The Trelleborg share has been quoted on the A list of the Stockholm Stock Exchange since 1964. www.trelleborg.com
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