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New Board members proposed for Atlas Copco AB

March 22, 2016

Stockholm, Sweden, March 22, 2016: Atlas Copco’s Nomination Committee proposes Sabine Neuß and Gunilla Berg as new members of the Board of Directors of Atlas Copco AB. 

Sabine Neuß

The proposal includes re-election of Board members Hans Stråberg, Chair, Ronnie Leten, Anders Ullberg, Staffan Bohman, Margreth Øvrum, Johan Forssell and Peter Wallenberg Jr. Ulla Litzén and Gunilla Nordström have declined re-election.

Sabine Neuß, born 1968, is a German citizen with a M.Sc. in engineering from the Coburg University in Germany. Since 2013 she is the Chief Operating Officer for Linde Material Handling, a world-leading manufacturer of forklift trucks and warehouse handling equipment. She has been Managing Director of TRW Automotive Safety Systems, and has held various positions in Behr, a supplier for automotive air conditioning and engine cooling systems, including a Group Vice President position in the U.S. between 2004 and 2007. During the first eight years of her career she worked for Brose Fahrzeug, a supplier to the automotive industry. Sabine Neuß is a member of the Supervisory Board of German automotive manufacturing company Continental AG.

Gunilla Berg

Gunilla Berg, born 1960, is a Swedish citizen with a B.Sc. in Finance from the Stockholm School of Economics, Sweden. Since 2014 she is Group Chief Financial Officer of PostNord, a logistics solutions company. Former positions include being Executive Vice President and CFO of the airline company SAS Group, media solutions provider Teracom Group and grocery retail trade specialist KF Group. She has also had various positions within AGA, today part of the Linde Group. Gunilla Berg is a member of the Board of Alfa Laval, a world leader within the technology areas of heat transfer, separation and fluid handling.

Shareholders will vote on the Nomination Committee’s proposal at Atlas Copco’s Annual General Meeting, which will be held on April 26, 2016, in Solna, Sweden.

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Atlas Copco discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act.

Atlas Copco is a world-leading provider of sustainable productivity solutions. The Group serves customers with innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems. Atlas Copco develops products and services focused on productivity, energy efficiency, safety and ergonomics.  The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 180 countries. In 2015, Atlas Copco had revenues of BSEK 102 (BEUR 11) and more than 43 000 employees.