AUTOLIV INC 8-K

What Happened
Autoliv, Inc. announced on March 6, 2026 that Monika Grama will become Chief Financial Officer and Executive Vice President, Finance effective April 1, 2026, succeeding Fredrik Westin (leaving March 31, 2026). The company also disclosed it renewed its Euro Medium Term Note (EMTN) Programme for one year, authorizing issuance of notes (guaranteed by Autoliv ASP, Inc.) up to EUR 3,000,000,000, to be offered outside the U.S. under Regulation S.

Key Details

• CFO appointment effective April 1, 2026; predecessor Fredrik Westin departs March 31, 2026.
• Grama’s annual base salary: 5,750,000 SEK; annual cash incentive target: 45% of base salary.
• Long-term incentive (2026 grant) has a maximum grant-date value of $200,000 (pro-rated for time served).
• Relocation support from Zug to Stockholm: temporary housing up to 3 years, max 360,000 SEK per year. Severance on qualifying termination: lump sum equal to 1.5× base salary (subject to a settlement agreement with release and covenants).
• EMTN Programme renewed for one year, allowing notes up to EUR 3.0 billion; notes will not be registered under the U.S. Securities Act and will be sold only offshore to non-U.S. persons in reliance on Regulation S.

Why It Matters
A new CFO introduces a change in finance leadership that could affect strategy or execution of financial priorities, though the filing does not present any immediate change to reported results. The compensation, relocation support and severance arrangements are material for executive-cost disclosure and clarify the company’s commitments to its incoming finance chief. The EMTN renewal preserves Autoliv’s capacity to raise debt funding (up to EUR 3 billion) in international markets, providing flexibility for refinancing or liquidity needs; offerings under the program will be aimed at non-U.S. investors under Regulation S.