Change of Management at Trelleborg Automotive.STOCKHOLM, Sweden -- George Caplea, President of the Trelleborg Automotive business area, will leave the Trelleborg Group on October 1 and assume a position as head of North American operations North American operation Surgical oncology Radical surgery of a 'frozen pelvis', consisting of radical en bloc resection of the uterus and urinary bladder. See 'Frozen pelvis.'. Cf 'All-American' and 'South American' operations. for another, noncompeting company. Peter Nilsson, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Trelleborg, will assume responsibility for the Trelleborg Automotive business area until further notice. At the same time, the business area will intensify in·ten·si·fy v. in·ten·si·fied, in·ten·si·fy·ing, in·ten·si·fies v.tr. 1. To make intense or more intense: its focus on improving all aspects of global processes. The change of management will take place on October 1, 2006. Thereafter, for a limited period, George Caplea will be available in an advisory capacity. "George has fantastic knowledge of and a broad network of contacts in the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. ," says Peter Nilsson, President and CEO of Trelleborg. "However, his position has involved a large workload, with extensive global travel, and it is understandable that George has now chosen to focus on a role with less travel, which allows more time for his family." George Caplea has been Business Area President since 1998 and Executive Vice President of the Trelleborg Group since 2002. 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 SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 24 billion, with about 22,000 employees in 40 countries. Trelleborg consists of 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 The Stockholm Stock Exchange (Swedish: Stockholmsbörsen) is a stock exchange located in Stockholm, Sweden. Founded in 1863 [1] it is the primary securities exchange of the Nordic Countries. since 1964. www.trelleborg.com# This information was brought to you by Waymaker http://www.waymaker.net |
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