George Caplea Appointed Executive Vice President of Trelleborg AB.Business Editors STOCKHOLM, Sweden--(BUSINESS WIRE)--Sept 10, 2001 George Caplea, 51, was today appointed an Executive Vice President of Trelleborg AB. George Caplea has been President of the Trelleborg Automotive business area since 1998. "Following two major acquisitions, BTR BTR Rupee (currency of Bhutan) BTR Board of Technical Registration BTR Born to Run (Bruce Springsteen song) BTR Bureau of Tourism Research (Australia) BTR Back To Reality and LACD LACD League of Amateur Competition Dancers of Japan , the automotive industry and the Trelleborg Automotive business area in turn have assumed increased importance within the Group," says Trelleborg 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. Fredrik Arp. "Today, Trelleborg Automotive accounts for about 60 percent of total Group sales Group sales Block sale (of large amounts) of securities to institutional investors. group sales The distribution of a new security issue to institutional clients. . It is therefore natural that George Caplea and his expertise within this industrial segment are clearly recognized in our organization." Hans Porat, an Executive Vice President of Trelleborg AB since 1996, continues as Deputy Chief Executive Officer. Trelleborg is a global industrial group. Operations are based on spearhead competence within polymer materials and a high level of industrial know-how, combined with functional solutions and systems designed to meet the needs of our customers. The Trelleborg Group has annual sales of 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. 18 billion (pro forma As a matter of form or for the sake of form. Used to describe accounting, financial, and other statements or conclusions based upon assumed or anticipated facts. The phrase pro forma 2000, including the most recent acquisitions), with approximately 16,500 employees in 40 countries. Trelleborg consists of four business areas: Trelleborg Automotive, Trelleborg Wheel Systems, Trelleborg Engineered Systems and Trelleborg Building Systems. The Trelleborg share has been quoted on the A list of the Stockholm Exchange since 1964. Note to Editors: This press release is also accessible online at www.Waymaker.net. The following files are available for download: http://www.waymaker.net/bitonline/2001/09/10/20010910BIT00480/bit0002.doc http://www.waymaker.net/bitonline/2001/09/10/20010910BIT00480/bit0002.pdf |
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