Volvo 2002 Annual Report Download - page 31

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Louis Schweitzer
Born 1942. Bachelor of Laws.
Chairman and CEO of Renault since 1992. CFO
and Executive Vice President 1988–1992.
President and Chief Operating Officer 1990–1992.
Chairman of the management board Renault
Nissan B.V. since 2002. With Renault since 1986.
Board member: Compagnie Financière Renault,
R.C.I. Banque, Philips, Electricité de France, BNP-
Parisbas, and Banque de France.
Member of Volvo Board since 2001.
Holdings: 2,000 Volvo Series B shares.
Ken Whipple
Born 1934. Bachelor of Business and Engineering.
Board Chairman and CEO of CMS Energy
Corporation, CEO of Glenlore Enterprises.
Board member: 14 JP Morgan Fleming Mutual
Funds.
Member of Volvo Board since 2001.
Holdings: none.
Board members designated by
employee organizations
Lars-Göran Larsson
Born 1947. Employee representative.
With Volvo since 1974.
Member of Volvo Board since 1994.
Holdings: 94 Volvo shares, including 50 Series B
shares.
Olle Ludvigsson
Born 1948. Employee representative.
With Volvo since 1968.
Deputy member of Volvo Board 1983–1988;
member since 1988.
Holdings: 105 Volvo shares, including 55 Series
B shares.
Johnny Rönnkvist
Born 1947. Employee representative.
With Volvo since 1965.
Member of Volvo Board since 1999.
Holdings: 234 Volvo shares, including 50 Series
B shares.
Deputy members of the Board
Stellan Rosengren
Born 1960. Employee representative.
With Volvo since 1985.
Deputy member of Volvo Board since 1999.
Holdings: 250 Volvo Series B shares.
Berth Thulin
Born 1951. Employee representative. With Volvo
since 1975.
Deputy member of Volvo Board since 1999.
Holdings: 100 Volvo Series B shares.
Secretary to the Board
Eva Persson
Born 1953. Master of Laws.
Senior Vice President of AB Volvo and General
Counsel of the Volvo Group. Secretary to Volvo
Board since 1997.
Holdings: 353 Volvo shares, including 200 Series
B shares. 34,123 options.
Auditors
Olof Herolf
Authorized Public Accountant,
PricewaterhouseCoopers.
Olov Karlsson
Authorized Public Accountant,
PricewaterhouseCoopers.
Deputy Auditors
Olof Enerbäck
Authorized Public Accountant,
PricewaterhouseCoopers.
Klas Brand
Authorized Public Accountant,
PricewaterhouseCoopers.
Audit Committee
In December 2002, the Board of Directors of
AB Volvo established an Audit Committee.
Finn Johnsson was elected chairman of the
Committee and Per-Olof Eriksson and Ken
Whipple were appointed members. As assigned
by the Board, the Committee’s duties include
examining internal and external audits and the
company’s financial reporting.
Nomination Committee
Volvo’s Nomination Committee consists of
Thomas Halvorsen, Lars Ramqvist, Bengt Hane,
Shemaya Lévy and Lars Otterbeck.
The Nomination Committee is responsible for
submitting to the Annual General Meeting the
names of candidates to serve as members of the
Board of Directors and as auditors and deputy
auditors. The Committee also proposes the
amount of the fees to be paid to the holders of
these positions.