Volvo 2006 Annual Report Download - page 88

Board of Directors and Auditors
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
Anders Sandrews Stiftelse. 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 par-
ties: 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).
Ying Yeh
Member of the Audit Committee
Born 1948, BA, Literature & International
Relations. President and Chairman of Kodak North
Asia Region. Member of the Volvo Board since
2006. Holdings in Volvo: None.
Principal work experience: Journalist NBC, New York.
Numerous positions with the U S Government Foreign
Service in Burma, Hong Kong, Taiwan and Beijing.
Various positions with Eastman Kodak in China.
Finn Johnsson
Chairman of the Board,
Chairman of the Remuneration Committee
Born 1946, Master of Business Administration.
Board Chairman: Luvata 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: 4,000 shares including 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.
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,
Svenska Cellulosa Aktiebolaget SCA, 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:
50,562 shares, including 43,538 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.
Philippe Klein
Born 1957. Senior Vice President, CEO’s Office
Renault S A and member of the Renault
Management Committee. Member of the Volvo
Board since 2006. Holdings in Volvo: None.
Principal work experience: Various positions within
Renault (Engineer; Senior Manager, Engine
Development and Tuning; Director, Process Quality
Department in Vehicle Engineering; Vice President,
Industrial System Performance Department); Vice
President, CEO’s Office at Nissan.
Peter Bijur
Member of the Audit Committee
Born 1942, MBA Marketing, BA Political Science.
Board member: Gulfmark Offshore Inc. Member of
the Volvo Board since 2006. Holdings in Volvo:
None.
Principal work experience: Numerous positions with
Texaco Inc, retired as Chairman and Chief Executive
Officer in 2001.
Board members elected by the Annual General Meeting
Per-Olof Eriksson
Chairman of the Audit Committee
Born 1938, Master of Engineering, Hon. Dr. of
Technology. Board Chairman: Callans Trä AB,
Odlander, Fredriksson & Co and Cross Country
Systems AB. Board member: Assa Abloy AB,
Elkem AS, Investment AB Öresund, KTH Holding
AB, Senea AB and Södersjukhuset 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.
Louis Schweitzer
Member of the Remuneration Committee
Born 1942. Bachelor of Laws.
Board Chairman: Renault, AstraZeneca Plc.
Board member: Electricité de France, BNP-
Paribas, Véolia and L´O réal. 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), Chairman, French
Commission for Equality (since 2005); numerous pos-
itions with Renault SA (Chief Financial Officer and
Executive Vice President Finance and Planning,
President and Chief Operating Officer, Chairman and
Chief Executive Officer).
84 Corporate Governance 2006