Veoneer, has appointed Nik Endrud as its new chief executive officer, effective immediately. Endrud has served as executive vice president Americas at Forvia, and vice president and general manager for ride control at Tenneco. He has previously worked at Faurecia where positions included general manager for the North America seating and global seat frames businesses, VP global strategy and innovation and VP North America customer business unit.

The company described Endrud as a results-driven business leader with an excellent track record and more than 20 years of experience from leadership positions at global automotive suppliers.