Autoliv, Inc. (NYSE:ALV and SSE:ALIV), worldwide leader in automotive safety, today announced that its Board of Directors has appointed Mats Wallin Vice President and Chief Financial Officer of the Company. He is currently Head of Corporate Control of Autoliv Inc. <br />Mats Wallin succeeds Marika Fredriksson who will be leaving Autoliv to become CFO for Gambro AB, a global medical technology company and a leader in developing products, therapies and services to treat patients with acute or chronic renal failure.<br />Between 1985 and 2002, Mats Wallin held various positions of increasing responsibility in ABB, a global leader in power and automation technologies, where he acquired solid experience in both accounting and business operations. He started in the accounting department of the Swedish predecessor to ABB, ASEA AB. Between 1988-92, he was assistant manager Financial Report Consolidation at ABB's global head quarters in Switzerland. He then held various positions for seven years at ABB's plants and locations until he became Head of Corporate Control of ABB's Swedish operations in 1999. During his time with ABB, one of his duties was converting ABB's financial records to United States Generally Accepted Accounting Principles. <br /><br />At Autoliv, which he joined in 2002, one of his responsibilities was the initial implementa¬tion of the Sarbanes-Oxley Act (SOX). He was also acting CFO of the Company for four months during 2008.<br /><br />Mats Wallin, age 44, has a Bachelor of Science in Business Administration and Economics from the Uppsala University, Sweden.<br />The change in the CFO position will become effective as of today, although Marika Fred¬riksson will remain with Autoliv until the end of this month to ensure a smooth transition.