Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On March 22, 2021, Autoliv, Inc. (the "Company") issued a press release
announcing its nominees for election by the stockholders to the Board of
Directors ("the Board") at the 2021 Annual Stockholders Meeting ("2021 Annual
Meeting").
Mr. James Ringler, a current member of the Board, having reached the mandatory
retirement age for directors under the Company's Corporate Governance
Guidelines, will not stand for re-election and his term as a member of the Board
will expire at the conclusion of the 2021 Annual Meeting. Mr. David Kepler also
notified the Board that he will not stand for re-election to the Board and his
term as a director will end at the conclusion of the 2021 Annual Meeting.
Mr. Kepler's decision is not the result of any disagreement with the Company.
Additionally, the Board will reduce the size of the Board to eleven members,
effective immediately following the closing of the polls for the election of
directors at the 2021 Annual Meeting.
A copy of the Company's press release announcing the matters described herein is
attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated
herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) EXHIBITS
99.1 Press Release of Autoliv, Inc. dated March 22, 2021.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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