Magnus Lindstam will resign as CEO for COT AB from the 15th of August 2019 to instead take the position as CFO. Mats Ekeroth is appointed as new CEO. Mats has recently been active as CEO for Alfdex AB (a jointly owned company between Haldex AB and Alfa Laval A), a company which internationally has established the Alfdex-system for emission control for vehicles. The board of COT AB is confident that Mats has the skills which will be required for the launching of the company´s product. .