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Holdings in Volvo, own and related parties as per February 24, 2022:83,306Series B shares. Martin Lundstedt is 53, he's been the President, Chief Executive Officer, Member of the Group Executive Board, and Director of Volvo AB since 2016. CEO Jim Rowan, a former Dyson and Blackberry executive, says Volvo will benefit from industrial design experience. He served as CEO of the Dyson Group between 2017-2020 and as COO from 2012-2017, during which time he accelerated the company's e-commerce strategy, launched new innovative products, and grew its market share worldwide. He has made a name for himself for his leadership in the industry. Independence:Independent in relation to the companys major shareholders but not independent in relation to the company or the management. This website uses cookies. One reason that Hakan Samuelsson is the. Volvo Cars is listed on the Nasdaq Stockholm exchange, where it is traded under the ticker "VOLCAR B". A PART OF THE VOLVO GROUP ORGANIzATION. Deputy CEO. Car subscriptions could be boon for travelers. Education:MSc. Read on this wiki for more informative bits like Volvo CEO email, Martin Lundstedt net worth, and Volvo net worth. With Volvo 1999-2001 and since 2014. Today, it is one of the most well-known and respected car brands in the world with sales to customers in more than 100 countries. Jim Rowan will take over as CEO of Volvo Cars on March 21, replacing Hakan Samuelsson who leaves after 12 years with the company by Sebastien Bell January 4, 2022 at 14:01 Vehicle specifications may vary from one country to another and may be altered without prior notification. Please follow the guideline to have it reported to us. Volvo CEO Jim Rowan thinks that going at a reduced speed towards an all-electric future, all while continuing to develop combustion engine models is . Press contacts. Volvo Cars was founded in 1927. Other current assignments:Member of the Board in Teknikfretagen and Skanska AB. He is currently a senior advisor to the global investment firm KKR and a member of the Shareholders' Committeeof Henkel AG, a German technology and consumer goodscompany, which operates worldwide. Born: 1967. Volvo. Learn more about cookies and how to refuse them at thislink. He paid Vantage $18,536. If you find a job that's a close match but still unsure, do apply - we'd love to meet you! He uses Tesla as an example. Our award-winning daily newsletters keep you posted on our random acts of consumer advocacy. As of 2022, Volvos net worth can be between 30-40 billion USD. Yes, Volvo is profitable. Volvo wants to help the environment by eliminating gas-powered vehicles from its lineup, and the company wants to ensure it gets done by 2030. Its been eight months. Jim Rowan, CEO of Volvo Cars, discusses the company's Q2 earnings, supply chains, increased production prices and consumer sentiment. The CEO is in charge of the Group's daily management through the Group Executive Board. He has won several accolades including the Pontus Schultz award and newspaper Affrsvrldens leadership award. Why is it taking so long to get a cruise refund? "I am very pleased to welcome Jim Rowan as the new CEO of Volvo Cars. This change follows a thorough and diligent search process to secure the continued strong leadership of Volvo Cars with a CEO who has a strong background in software, digital transformation and innovative consumer products, and the timing is in-line with the previously communicated extension of Hkan Samuelsson's contract that comes to an end in 2022. Member of the Executive Board since October 2015. Phone: +1 201-768-7300 dean.shaw@volvocars.com Russell Datz National Media Relations Manager Phone: +1 201-768-7300 Russell.datz@volvocars.com View more media contacts Are you a Volvo customer? The division of work between the Board and the CEO is set out in the regulations for the work of the Board and follows the Swedish Companies Act. If you need more lookups, subscriptions start at $39 USD/month. Principal work experience:Deputy CEO since 2018. I wish you all the best for the exciting years to come," saidHkan Samuelsson. According to Volvo Cars, Samuelsson's contract . Plus, we have insightful letters, insider tips, and more. Other current assignments: Member of the Board in Teknikfretagen and Skanska AB. Learn more about cookies and how to refuse them at thislink. Hkan Samuelsson will stay in his role until Jim Rowan starts in March, at which time Hkan will also leave the Volvo Car AB board. Now it wont refund my $3,606. The strong track record of Volvo Cars across innovation, safety and quality, coupled with world-class talent and inspiring sustainability and technology capabilities, places it in the driver's seat for the road ahead," saidJim Rowan. We noticed that you are using a browser that is no longer supported by our system, to enjoy the full Volvo experience consider changing browser, CEO, Group Executive Board and Group Management, Become a Volvo Group supply chain partner, Useful Links & Documents for Existing Supply Chain Partners, Logistics Services Portal is merged into Volvo Group Supplier Portal, Contact us as Supply Chain Partners Volvo Group. November 11, 2022 06:15 AM Urvaksh Karkaria. For the twelve months between July 2020 and June 2021, Volvo Car Group recorded an operating profit of 22.5 BSEK (14.3 BSEK in 2019). Volvo has set records for vehicle sales and earnings during Hakan Samuelsson's more than nine years as CEO. President of Business Unit Finance AB Volvo 19992001. Were always here to help. He began his engineering career in college when he got his Masters in Mechanical & Production Engineering and Electrical and Electronics Engineering from Glasgow Caledonian University and Glasgow School of Technology. Vlkommen! "I would like to take this opportunity to sincerely thank Hkan Samuelsson for his commitment and determination over the past ten years at Volvo Cars. Volvo Cars Media Relations+46 31-596525media@volvocars.com, Volvo Cars Investor RelationsAnna Oxenstierna+46 31-59 00 00investors@volvocars.com. Volvo's 2022 revenue was $32 billion, up 17% from 2021. In an exclusive interview, the former Volvo CEO looks back on his decade-long tenure with the Swedish automaker. Rowan then began working at Dyson as a CEO in 2012. christer.johansson@volvo.com. "I am delighted to join Volvo Cars at such an exciting time for the company and at such a transformational time for both the industry and consumers. In order for us to give you an efficient response please begin by specifying your area of interest in the form below. He succeeded Olof Persson to the highest leadership rank. My Samsung tablet wont hold a charge. The EMTs role is to assist the CEO in the operation of Volvo Car Groups business. He . Other current assignments:Board Chairman: Permobil AB and the European Automobile Manufacturers' Association (ACEA CV BOD). Copyright 2023 Volvo Car Corporation (or its affiliates or licensors). The Group's structure creates synergies by combining the best of two worlds: global divisions ensure efficient product . With the hiring of Jim Rowan, the new Volvo CEO, with a background in Dyson products, it should meet its goals if not come close. Our help is free. Deputy CEO. The President of Volvo Car Group, who is also CEO, is appointed by the Board to handle the Groups day-to-day management and to lead the Execute Management Team (EMT) as overseen by the Board. As of December 2020, Volvo Cars employed approximately 40,000 full-time employees. You'll love our inclusive, diverse work culture where you are free to be yourself. Learn more about cookies and how to refuse them at thislink. Member of the Group Executive Board since January 2014. To read more about how VOLVO handles personal data please read our privacy text. If the companys plans go as expected, Volvo hopes to have at least 50% of its sales worldwide come from its EVs. The company also has R&D and design centres in Gothenburg, Camarillo (US) and Shanghai (China). You can try sending an email to [emailprotected] to contact the truck and bus makers CEO. That was the automaker's highest-ever recorded revenue in its history. 336.543.9094 At the Volvo Cars Visitor Centre in Gothenburg, Sweden, you can enjoy various activities like a fun train ride around the factory, test drives of Volvo cars, guided tours at our Brand Experience Centre, shop for Volvo merch or grab a quick lunch. Revenue over the period amounted to 292.1 BSEK (274.1 BSEK), while global sales reached 773,000 cars. "I am pleased to welcome Jim to his new role to continue the great journey Volvo Cars is on. Volvo Cars is going through a rapid transformation of digitalization which is why we wanted to bring in someone with global CEO experience from outside the automotive industry. Consumer Alert: No more automatic refunds for skipped ports? Bosch CEO Email & Net Worth Stefan Hartung, Michelin CEO Email & Net Worth Florent Menegaux, https://www.linkedin.com/in/martin-lundstedt-b378a492/, Renault CEO Email & Net Worth Luca de Meo, Michelin CEO Florent Menegaux (Age 60), Chrysler CEO Christine Feuell (Age 60), Force Motors CEO Prasan Firodia (Age 43), Daimler Truck CEO Martin Daum (Age 63). There are 25 older and 10 younger executives at Volvo AB. (Recommended: Michelin CEO Email & Net Worth - Florent Menegaux) Volvo CEO Email | Martin Lundstedt Contact You can try sending an email to martin.lundstedt@volvogroup.com to contact the truck and bus maker's CEO. (Suggested: Bosch CEO Email & Net Worth Stefan Hartung). Co-chairman of the UN Secretary - Generals High-Level Advisory Group on Sustainable Transport 2015-2016. But why cant I get a refund? Copyright 2023 Endgame360 Inc. All Rights Reserved. He continued in that position until leaving in 2005. New Volvo Cars CEO Jim Rowan has set a high standard for the first model that debuts under his leadership. Swedish carmaker Volvo has appointed a new CEO. Volvo has taken strides to ensure a prosperous future for the brand. Members of the Group Executive Boards have the title Executive Vice President (EVP). Other executives include Diana Niu, Executive Vice President, Group Human Resources; Roger Alm, Executive Vice President, Volvo Group and President, Volvo Trucks and 25 others. Member of the Group Executive Board since January 2014. January 04, 2022 09:07 AM. Please use the download links below to access AB Volvo's Remuneration policy. Learn more about cookies and how to refuse them at thislink. Please follow the guideline to have it reported to us. Found a vulnerability on Volvo Cars products, solutions or services? pic.twitter.com/pcEW2KD8Hj, Volvo Is Raising $2.9 Billion to Accelerate Their Electric Car Agenda, In an interview with Automotive News, Jim Rowan was asked if he felt Volvo could reach its electric-only goal by 2030. According to Volvo CEO Jim Rowan, fully autonomous cars are still a "long way off," despite the maturity of the technology. Hertz billed her for eight extra days on her car. He is deeply attached with the functioning of vehicles industry being a veteran and possesses profound knowledge of the process from development to sales. The 1967-born Swedish national has his birthplace in Mariestad. The division of work between the Board and the CEO is set out in the regulations for the work of the Board and follows the Swedish Companies Act. If you have a consumer problem,please contact our team at Elliott Advocacy through this form. SE-418 78 Gothenburg. (For privacy information, read ourPrivacy notice), AB Volvo With Volvo since 2015. We noticed that you are using a browser that is no longer supported by our system, to enjoy the full Volvo experience consider changing browser, CEO, Group Executive Board and Group Management, Become a Volvo Group supply chain partner, Useful Links & Documents for Existing Supply Chain Partners, Logistics Services Portal is merged into Volvo Group Supplier Portal, Contact us as Supply Chain Partners Volvo Group, Become a Volvo Groupsupply chain partner. RAISE A CONCERN Report a vulnerability Found a vulnerability on Volvo Cars products, solutions or services? Sweden View. There are mice in my vacation rental! Can a vacation rental host cancel my stay and keep my money? Did we mention it's free? The Tell Us reporting line is Volvo Cars dedicated whistleblowing channel. He specializes in the heavy automotive sector. With Volvo 19992001 and since 2014. Many automakers have pledged to switch from making vehicles with internal combustion engines (ICEs) to electric-only powertrains. Independence: Independent in relation to the company's major shareholders but not independent in relation to the company or the management. EVs made up 11% of Volvo Cars' sales, more than doubling 4% in . Kristian Elvefors Email Address Found 7 email address listings: Kristian Elvefors Phone Number Found 6 phone numbers: View Kristian's Email & Phone (It's Free) 5 free lookups per month. Under Hkan Samuelsson, Volvo Cars initiated the farewell to the combustion engine - with the goal of making the brand a purely electric car manufacturer by 2030 and accounting for 50% of all sales being electric by 2025.. Others Named Martin Lundstedt. Volvo Cars ' goal to sell 800,000 vehicles globally by 2020 was derailed by the pandemic and by the semiconductor shortage in 2021. The Volvo Group comprises ten business areas: Volvo Trucks, UD Trucks, Renault Trucks, Mack Trucks, Group Trucks Asia & JV:s, Volvo Construction Equipment, Volvo Buses, Volvo Penta, Governmental Sales and Volvo Financial Services. February 10, 2023. Volvo Cars' continued success is the result of a collaborative, diverse, and inclusive working environment. The Group CEO Martin Lundstedt, age 55, is a successful business person. please contact our team at Elliott Advocacy through this form. . SVP, Investor Relations During his long stint with the company, he was promoted to many executive-level roles including the positions of CEO and President from 2012 to 2015. President and CEO Volvo Group. The oldest executive at Volvo AB is Eckhard Cordes, 69, who is the Independent Director. +46 31 661334 develop the brands first electric vehicle. Member:European Round Table of Industry (ERT) and the Royal Swedish Academy of Engineering Sciences (IVA). Gunnar Engellaus vg 8 Jim is currently the CEO and Board member of Ember Technologies, and previously Group CEO of theDyson Group. Descriptions and facts in this press material relate to Volvo Cars' international car range. Jim brings with him over three decades of global experience in the consumer and technology sectors, delivering strong growth and profitability through transformation strategies and customer engagement. Now, as of March 2022, we see him at Volvo as the companys new CEO, replacing Hakan Samuelsson, who stepped down to be chairman at Polestar instead. Volvo CEO Martin Lundstedt is focused on ensuring the companys growth and profitability through leveraging its top brands, assets, and committed employees. Rowan's title changed to President and CEO of the company in 2017 and continued until 2020. John Mies Some of the other leaders in the commercial vehicle space are: As of 2022, Martin Lundstedts net worth can be estimated to range from 10-12 million USD. Find contact details for 700 million professionals. Is my warranty dead, too? Special Application Solutions. Deputy CEO & CFO 2016-2018. He wants the replacement for the XC90 to get Volvo "recognized as a very credible next . Group Vice President and CFO Scania AB 2001 2006. From staff and wire reports. I would also like to extend my thanks to all Volvo Cars employees for the incredible progress we have made together in the past 10 years - for not only making Volvo one of the fastest growing and most trusted premium automotive brands, but for always innovating and leading with purpose. Check out our directory. His leadership path began with Flextronics, where he was Vice President of Operations. Executive Vice President Volvo Group and President Volvo Trucks, Executive Vice President Group Legal & Compliance and General Counsel, Executive Vice President Volvo Group and President Renault Trucks, Executive Vice President Volvo Group Trucks Purchasing and Chief Purchasing Officer for Volvo Group, Executive Vice President Group Trucks Operations, Executive Vice President Volvo Group and President Volvo Construction Equipment, Executive Vice President Group People & Culture, Executive Vice President and Chief Digital Officer, Executive Vice President Volvo Group Strategic Initiatives and President Volvo Energy, Executive Vice President Group Trucks Technology, Executive Vice President Volvo Group and President Mack Trucks, Executive Vice President Group Communication. Required fields are marked *. Prior to that, various managerial positions at Scania since 1992. CFO MAN Diesel SE 20082009. The office is situated approx 45 minutes drive from Landvetter Airport and 20 minutes from the railway station in the centre of Gothenburg. Previous Board assignments include Board member of Concentric AB. Not the Kristian Elvefors you were looking for? By continuing, we assume that you accept such use. CFO & Senior Vice President Finance Volvo Car Corporation 20112013. That was wrong," Volvo CEO. By continuing, we assume that you accept such use. Ceo of Volvo Cars ' international Car range Advisory Group on Sustainable Transport 2015-2016 is listed on the Stockholm. Group CEO of the company also has R & D and design centres in Gothenburg, (... Knowledge of the Board in Teknikfretagen and Skanska AB CFO & Senior Vice and! 274.1 BSEK ), AB Volvo with Volvo since 2015, own related! Wiki for more informative bits like Volvo CEO a collaborative, diverse, and inclusive working environment Ember,! Read our privacy text to refuse them at thislink CFO Scania AB 2001 2006 company also R. 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