Volvo 2005 Annual Report Download - page 81

Volvo Group 2005 77
Leif Johansson
President and CEO
Born 1951. Master of Engineering. President of AB
Volvo and Chief Executive Officer of the Volvo Group
since 1997. With Volvo since 1997.
Board member: Bristol-Myers Squibb Company,
Confederation of Swedish Enterprise and The
Association of Swedish Engineering Industries. Member
of the Royal Swedish Academy of Engineering
Sciences. Member of Volvo Board since 1997.
Holdings in Volvo, own and related parties:
46,562 shares, including 39,538 Series B shares and
50,000 employee stock options.
Jorma Halonen
Executive Vice President and Deputy CEO
Born 1948. Bachelor of Science in Economics.
Executive Vice President of AB Volvo and Deputy CEO
of the Volvo Group since November 1, 2004. President
of Volvo Truck Corporation 2001–2004. Prior to that
various positions at Scania 1990–2001. Member of
Group Executive Committee since January 2002. With
Volvo since 2001. Holdings in Volvo: 2,000 Series B
shares and 25,000 employee stock options.
Pär Östberg
Senior Vice President
Born 1962. Master of Business Administration. Senior
Vice President of AB Volvo and CFO of the Volvo Group
since December 2005. Member of the Group Executive
Committee since December 2005, responsible for
finance, strategy and business development. Pär
Östberg has held various senior positions in the finan-
cial areas in the Volvo Group since 1990, most recently
as Senior Vice President and CFO of Renault Trucks
(2004–2005). Holdings in Volvo: none
Eva Persson
Senior Vice President
Born 1953. Master of Laws. Senior Vice President of
AB Volvo and General Counsel of the Volvo Group.
Member of Group Executive Committee since 1997,
responsible for legal, tax and security matters. With
Volvo since 1988. Secretary to the Board of Volvo since
1997. Board member: Handelsbanken Region Väst,
Second Swedish National Pension Fund. Member of the
Swedish Industry and Commerce Stock Exchange Com-
mittee. Holdings in Volvo: 2,500 shares, including
2,248 Series B shares and 25,000 employee stock
options.
Stefan Johnsson
Senior Vice President
Born 1959. Master of Business Administration. Senior
Vice President of AB Volvo responsible for business
units and human resources. Member of Group
Executive Committee since 1998. Senior Vice
President of AB Volvo and CFO for the Volvo Group,
1998–November 2005. President of Volvo Group
Finance Sweden 1994–1998. With Volvo since 1987.
Holdings in Volvo: 2,075 shares including 2,000
Series B shares and 25,000 employee stock options.
Per Löjdquist
Senior Vice President
Born 1949. Senior Vice President of AB Volvo. Member
of Group Executive Committee since 1997, responsible
for Corporate Communications and Public Affairs. With
Volvo since 1973. Board member: West Sweden
Chamber of Commerce and Industry, and Nilörngruppen
AB. Holdings in Volvo: 4,398 shares, including 1,224
Series B shares and 25,000 employee stock options.
Michel Gigou
Senior Vice President
Born 1946. Bachelor of Engineering and Master of
Business Administration. Senior Vice President of AB
Volvo. President of Volvo Trucks North America and
Chairman of Mack Trucks, Inc. 2000–2003. President
of Mack Trucks, Inc. 1996–2000. Previously at Renault
SA, with various positions in Europe. Member of Group
Executive Committee since January 2002. With Volvo
since 2000. Holdings in Volvo: 25,000 employee
stock options.
Karl–Erling Trogen
Senior Vice President
Born 1946. Master of Engineering. Senior Vice
President of AB Volvo until January 31, 2006. Member
of Group Executive Committee 1994–2005. President
of Volvo Truck Corporation 1994–2000. President of
Volvo Trucks North America 1991–1994. With Volvo
since 1971. Holdings in Volvo: 3,000 Series B shares
and 25,000 employee stock options.
Lars-Göran Moberg
President of Volvo Powertrain
Born 1943. Master of Engineering. President of Volvo
Powertrain since January 2001. Member of Group
Executive Committee since May 2001. With Volvo since
1995. Holdings in Volvo: 7,858 shares, including
7,652 Series B and 25,000 employee stock options.
Staffan Jufors
President of Volvo Truck Corporation
Born 1951. Master of Business Administration.
President of Volvo Truck Corporation since November 1,
2004. President of AB Volvo Penta 1998–2004.
Member of Group Executive Committee since 1998.
With Volvo since 1975. Board member: EBP AB.
Holdings in Volvo: 2,208 shares, including 1,054
Series B shares and 25,000 employee stock options.
Stefano Chmielewski
President of Renault Trucks
Born 1952. MA Master of Science Electronics/
Automation. President of Renault Trucks since May 1,
2003. Member of Volvo Group Executive Committee
since May, 2003. With Volvo since 2001.
Holdings in Volvo: 5,000 employee stock options.
Paul Vikner
President of Mack Trucks, Inc.
Born 1949. Bachelor of Arts. President of Mack Trucks,
Inc. since 2001. Executive Vice President of Sales and
Marketing, Mack Trucks, Inc. 1996–2001. Previously at
Iveco Trucks North America and Isuzu Trucks North
America 1972–1994. Member of Group Executive Com-
mittee since January 1, 2004. With Volvo since 2001.
Holdings in Volvo: 25,000 employee stock options.
Håkan Karlsson
President of Volvo Bus Corporation
Born 1961. Master of Engineering. President of Volvo
Bus Corporation and Member of Group Executive
Committee since June 1, 2003. President of Volvo
Logistics 2000–2003. With Volvo since 1986.
Holdings in Volvo: 2,352 shares, including 2,085
Series B shares and 5,000 employee stock options.
Tony Helsham
President of Volvo Construction Equipment
Born 1954. Bachelor of Engineering. President of Volvo
Construction Equipment since 2000. President and
CEO of Euclid Hitachi Heavy Equipment 1995–1998.
President of Volvo Construction Equipment Korea,
1998–2000. Member of Group Executive Committee
since 2000. With Volvo since 1985. Holdings in
Volvo: 25,000 employee stock options.
Göran Gummeson
President of Volvo Penta
Born 1947. President of Volvo Penta since November
1, 2004. Has held various positions at Volvo Penta
since 1991, head of Volvo Penta’s European operations
1998–2004. Member of Group Executive Committee
since November 1, 2004. With Volvo since 1991.
Holdings in Volvo: 750 Series B shares and 5,000
employee stock options.
Fred Bodin
President of Volvo Aero Corporation
Born 1947. Bachelor of Laws. President of Volvo Aero
Corporation since 1997. General Counsel of Volvo
Group, 1988–1997. Member of Group Executive
Committee since 1993. With Volvo since 1981.
Holdings in Volvo: 25,000 employee stock options.
Salvatore L Mauro
President of Volvo Financial Services
Born 1960. Bachelor of Science in Accounting.
President of Volvo Financial Services since 2001.
President of Volvo Car Finance Europe 1999–2001.
Member of Group Executive Committee since 2001.
With Volvo since 1985. Holdings in Volvo: 1,003
American Depositary Receipts (ADRs) and 25,000
employee stock options.
Changes in Group Executive
Committee
Executive Vice President and Deputy Chief
Executive Officer Lennart Jeansson, mem-
ber of Volvo’s Group Executive Committee
since 1986, left the Group Executive
Committee on June 30, 2005 in conjunction
with his retirement. The role of Executive Vice
President and Deputy Chief Executive Officer
was assumed by Jorma Halonen.
Former Senior Vice President of AB Volvo,
Karl-Erling Trogen, who had been a mem-
ber of the Group Executive Committee since
1994, left the Group Executive Committee in
December, 2005 and retired January 31,
2006.
Stefan Johnsson, Volvo’s Senior Vice
President and Chief Financial Officer since
1998, left this position on November 30,
2005, to assume responsibility for a number
of Volvo’s central business units. Stefan
Johnsson continues to be a member of the
Group Executive Committee. Pär Östberg,
former Chief Financial Officer of Renault
Trucks, has been appointed Chief Financial
Officer for the Volvo Group and member of
the Group Executive Committee.
Michel Gigou, member of the Group
Executive Committee since 2002, has
announced that he will retire on April 30,
2006. Within the Group Executive
Committee, Michel Gigou’s responsibilities
included Volvo’s operations in China, a
responsibility that will now be assumed by
Jorma Halonen.
During 2006, Volvo’s Group Executive
Committee will be expanded through the
addition of Jan-Eric Sundgren, currently
President of Chalmers University of
Technology. This transition will occur when a
successor has been appointed at Chalmers.
Jan-Eric Sundgren’s responsibilities will
include contacts with public authorities, uni-
versities and colleges. He will also focus on
technological and research-related matters
within the Volvo Group and have Group-wide
responsibility for environmental and safety
issues.
It was announced in December that Olof
Persson will become the new President of
Volvo Aero. Volvo Aero’s current President,
Fred Bodin, has announced his intention to
retire at the end of 2006 in conjunction with
his 60th birthday. Olof Persson, 41, is cur-
rently President of the Canadian aircraft and
train manufacturer Bombardier’s Mainline
and Metro division for trains and subways. He
will assume his new position as President on
July 1, 2006 and will also be included in the
Volvo Group Executive Committee.
Volvo Group 2005 77