“The board greatly appreciates Bo Annvik’s contribution to Haldex. When he joined in 2012, the company needed a new strategy and improved profitability. Under his management the agreed plan was delivered which has resulted in significantly increased profitability and a strengthened market position. We wish him further success in his new role at Indutrade.”, says Göran Carlson, chairman of the Haldex board of directors.

“I’ve been privileged to lead one of Sweden’s greatest companies.” Bo Annvik said. “I will miss the dedicated and skilled people at Haldex. I truly have enjoyed my time at Haldex but has now got the opportunity to move into another new exciting and challenging role.”

Bo Annvik will stay as President and CEO until further notice, at the most six months under his resignation period. The Board will immediately initiate a process to recruit a successor.