Volvo 2005 Annual Report Download - page 83

Volvo Group 2005 79
Finn Johnsson
Chairman of the Board
Chairman of the Remuneration Committee
Born 1946, Master of Business Administration.
Board Chairman: Outokumpu Copper Oy, Thomas
Concrete Group AB, Unomedical A/S, KappAhl AB and
City Airline. Board member: Skanska AB and AB
Industrivärden. Member of Volvo Board since 1998.
Chairman since February 2004.
Holdings in Volvo: 2,000 Series B shares.
Principal work experience: Machine Division at
Swedish Match; President Arenco Machine Co., USA;
President Swedish Match Europe and Swedish Match
Asia; President Tarkett AB; Executive Vice President
Stora AB; President Industri AB Euroc; President
United Destillers, UK; CEO of Mölnlycke Health Care AB.
Per-Olof Eriksson
Chairman of the Audit Committee
Born 1938, Master of Engineering, Hon. Dr. of
Technology. Board Chairman: Callans Trä AB and
Odlander, Fredriksson & Co. Board member:
Investment AB Öresund, SSAB Svenskt Stål AB,
Assa Abloy, Senea AB, Elkem AS, Södersjukhuset AB,
Cross country Systems AB and KTH Holding AB.
Member of the Royal Swedish Academy of Engineering
Sciences. Member of Volvo Board since 1994.
Holdings in Volvo, own and related parties:
6,200 Series A shares.
Principal work experience: Engineer Uddeholms AB;
numerous positions with Sandvik Group (in Sweden,
Germany and the UK), President and CEO Seco Tools
AB; President and CEO Sandvik AB.
Patrick Faure
Born 1946. Bachelor of Laws.
Chairman and Chief Executive Officer of Renault F1
Team. Board member: VINCI, ERTICO.
Member of Volvo Board since 2001.
Holdings in Volvo: 2,000 Series B shares.
Principal work experience: Secretary General Précision
Mécanque Labinal; numerous positions with Renault
Group (among others Secretary General, Executive Vice
President Marketing and Sales and Chairman and CEO
Renault V.I.), Executive Vice President of Renault SA.
Haruko Fukuda
Member of the Audit Committee
Born 1946. OBE, MA (Cantab), DSc.
Board member: Caliber Global Investment Ltd.
(Chairman), Investec plc, Aberdeen Asian Smaller
Companies Investment Trust plc. Senior Advisor at
Lazard, Advisor at METRO AG. Honorary Fellow of
New Hall Cambridge, Chairman of the Advisory Board
of New Hall Cambridge, Honorary Vice President of
the Japan Society, Trustee of Mitsubishi Trust Oxford
Foundation, Freeman of the City of London. Member of
Volvo Board since 2003. Holdings in Volvo: None.
Principal work experience: Economics Department at
IBRD (the World Bank), USA; Economist on Japan,
Vickers, da Costa & Co Ltd.; Partner, James Capel &
Co; Vice Chairman and Board Director, Nikko Europe
Plc; Chief Executive and Board Director World Gold
Council.
Board members elected by Annual General Meeting
Tom Hedelius
Member of the Remuneration Committee
Born 1939, Master of Business Administration, Hon. Dr.
of Economics. Board Chairman: AB Industrivärden,
Bergman & Beving AB and Sandrews.
Honorary Chairman: Svenska Handelsbanken.
Vice Chairman: Addtech AB and Lagercrantz Group
AB and Jan Wallanders och Tom Hedelius stiftelse.
Board member: Svenska Cellulosa Aktiebolaget SCA
and Lundbergs AB. Member of Volvo Board since 1994.
Holdings in Volvo, own and related parties: 2,693
shares, including 693 Series B shares.
Principal work experience: AB Industrikredit; numerous
positions with Svenska Handelsbanken (Credit Director,
Executive Vice President, President and CEO,
Chairman).
Leif Johansson
Born 1951, Master of Engineering.
President of AB Volvo and Chief Executive Officer of
the Volvo Group since 1997. Member of Volvo Board
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.
Holdings in Volvo, own and related parties:
46,562 shares, including 39,538 Series B shares and
50,000 employee stock options.
Principal work experience: Project consultant Indevo;
Assistant to President Centro Maskin Morgårdshammar;
President Husqvarna Motorcyklar; Division Manager
Office Machines Facit Sweden; President Facit; Division
Manager AB Electrolux Major Appliances; Division
President AB Electrolux Major Appliances; Executive
Vice President AB Electrolux; President AB Electrolux;
CEO Electrolux Group.
Louis Schweitzer
Member of the Remuneration Committee
Born 1942. Bachelor of Laws.
Board Chairman: Renault SA, AstraZeneca Plc.
Board member: Philips, Electricité de France, BNP-
Paribas, VEOLIA and L´Oréal. Member of Volvo Board
since 2001. Holdings in Volvo: 2,000 Series B
shares.
Principal work experience: Official at French Budget
Department; Chief of Staff of Mr Laurent Fabius
(Minister of Budget, then Minister for Industry and
Research, and Prime Minister), Professor Institut
d’Etudes Politiques de Paris; numerous positions with
Renault SA (Chief Financial Officer and Executive Vice
President Finance and Planning, President and Chief
Operating Officer, Chairman and Chief Executive
Officer).
Ken Whipple
Member of the Audit Committee
Born 1934. Bachelor of Business and Engineering.
Board Chairman: CMS Energy Corporation and
Glenlore Enterprises. Board member: 14 JP Morgan
Fleming Mutual Funds and Korn-Ferry International AB.
Member of Volvo Board since 2001.
Holdings in Volvo: None.
Principal work experience: Numerous positions with
Ford Motor Company mainly within finance and market-
ing, President Ford Credit, Chairman and CEO Ford
Europe, President Ford Financial Services Group,
Chairman and CEO Ford Motor Credit Company, CEO
CMS Energy Corporation and Glenlore Enterprises.
Martin Linder
Born 1973.
Employee representative. With Volvo since 1994.
Member of Volvo Board since 2004.
Holdings in Volvo: None.
Olle Ludvigsson
Born 1948.
Employee representative. With Volvo since 1968.
Deputy member of Volvo Board 1983–1988; member
since 1988. Holdings in Volvo: 155 shares,
including 105 Series B shares.
Johnny Rönnkvist
Born 1947.
Employee representative. With Volvo since 1965.
Member of Volvo Board since 1999.
Holdings in Volvo: 285 shares, including 50
Series B shares.
Berth Thulin
Born 1951.
Employee representative. With Volvo since 1975.
Deputy member of Volvo Board since 1999.
Holdings in Volvo: 100 Series B shares.
Margareta Öhlin
Born 1947.
Employee representative. With Volvo since 1983.
Deputy member of Volvo Board since 2005.
Holdings in Volvo: None.
Board members and deputies
appointed by employee organisations
Auditors
PricewaterhouseCoopers AB
Olof Herolf
Authorized Public Accountant
Lead Partner
Olov Karlsson
Authorized Public Accountant
Partner
Eva Persson
Secretary to the Board
Born 1953, Master of Laws.
Senior Vice President of AB Volvo and General
Counsel of the Volvo Group. Secretary to the Volvo
Board since 1997.
Holdings in Volvo: 2,500 shares, including 2,248
Series B shares and 25,000 employee stock options.