Bilia AB announced that having stepped down from his position as CEO of Investment AB Öresund, Fredrik Grevelius has also announced his resignation from Bilia AB's Board of Directors on the occasion of Bilia AB's EGM on 5 December 2014. Other current board members will remain on the Board. Bilia's Nominating Committee proposed that Gustav Lindner be elected in place of Fredrik Grevelius.

Gustav Lindner is independent in relation to Bilia and its management, but not independent in relation to Bilia's major shareholders.