Autoliv director Martin Lundstedt won't seek re-election; board to shrink to nine
Autoliv said director Martin Lundstedt will not stand for re-election, ending his board term at the 2026 Annual Stockholders Meeting, and that the company's Franz-Josef Kortüm will also leave the board after reaching the mandatory retirement age. The board will cut its size from eleven members to nine after the 2026 annual meeting votes are counted. For shareholders, this is a governance change affecting board composition, and the filing states Lundstedt's decision was not the result of any disagreement with the company.
Key points
- Martin Lundstedt, a director since 2021, will not stand for re-election; his term ends at the 2026 Annual Stockholders Meeting on May 7, 2026.
- Franz-Josef Kortüm will not stand for re-election after reaching the company's mandatory director retirement age.
- Board size will fall from eleven to nine members, effective after the polls close at the 2026 Annual Meeting.
- Record date for the annual meeting is March 11, 2026; the meeting will be in-person only.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:17 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 20, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.