STOCKHOLM (Reuters) - Automotive technology group Veoneer (NYSE:VNE) has appointed company veteran Ray Pekar as its new Chief Financial Officer, replacing Mats Backman, who will leave the company in March "to seek new opportunities", Veoneer said in a statement.
Pekar became Vice President Business Development and Investor Relations for Veoneer, a maker of radars, vision systems and driver-assistance software when it was spun off from Autoliv (NYSE:ALV) in 2018. He joined Autoliv in 1996.
"Veoneer is now ready to enter a new phase, and this is the right time for me to take the next step," Backman said in a statement.