In order to better exploit ASSA ABLOY´s joint development resources, the Executive Team is being expanded to include a Chief Technology Officer (CTO), Ulf Södergren.

The global security market is undergoing rapid technological development. This makes it even more important that ASSA ABLOY is able to co-ordinate new technology and solutions.

In recent years Ulf Södergren has successfully managed operations in Scandinavia, and prior to that was responsible for building up the Group´s production, purchasing and development processes.

"We can see exciting opportunities in the technology field, and we will now be in a better position to take advantage of these with a CTO leading the way." said Johan Molin, President and CEO of ASSA ABLOY.

Ulf Södergren will take up the new post on 1 June 2006, but will continue to run ASSA ABLOY Scandinavia and Assa AB until his successor is appointed.


Further information can be obtained from

Johan Molin, President and CEO, tel: +46 8 506 485 42
Ulf Södergren, Chief Technology Officer, tel +46 16 17 70 00
Ann Holmberg, Manager Corporate Communications, Tel +46 8 506 485 54


ASSA ABLOY strengthens Group Management

ASSA ABLOY is the world´s leading manufacturer and supplier of locking solutions, meeting tough end-user demands for safety, security and user friendliness. The Group has some 30,000 employees and annual sales of about EUR 3 billion.




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