Volvo 2008 Annual Report Download - page 76

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, B&B Tools AB, Anders Sandrews
Stiftelse and Jan Wallanders and Tom Hedelius
Stiftelse. Honorary Chairman: Svenska Han-
delsbanken. Vice Chairman: Addtech AB and
Lagercrantz Group AB. Board member: Sven-
ska Cellulosa Aktiebolaget SCA and Lundbergs
AB. Member of the Volvo Board since 1994.
Holdings in Volvo, own and related parties:
13,465 shares, including 3,465 Series B shares.
Principal work experience: AB Industrikredit;
numerous positions with Svenska Handels-
banken (Credit Director, Executive Vice Presi-
dent, President and CEO, Chairman).
Ying Yeh
Member of the Audit Committee
Born 1948, BA, Literature & International Rela-
tions. President and Chairman of Kodak North
Asia Region. Member of the Volvo Board since
2006. Holdings in Volvo, own and related
parties: None.
Principal work experience: Journalist NBC, New
York. Numerous positions with the U S Govern-
ment Foreign Service in Burma, Hong Kong, Tai-
wan 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: West Sweden Chamber of Com-
merce and Industry, Luvata Oy, Thomas Concrete
Group AB, KappAhl AB, City Airline and EFG Euro-
pean Furniture Group AB. Board member: Skanska
AB and AB Industrivärden. Member of the Volvo Board
since 1998. Chairman since 2004. Holdings in Volvo,
own and related parties: 60,000 shares, including
40,000 Series B shares.
Principal work experience: Machine Division at Swedish
Match; President Arenco Machine Co., USA; President
Swedish Match Europe and Swedish Match Asia; Presi-
dent Tarkett AB; Executive Vice President Stora AB;
President Industri AB Euroc; President United Distillers,
UK; CEO of Mölnlycke Health Care AB.
Leif Johansson
Born 1951. Master Sc Engineering. President of AB
Volvo and Chief Executive Offi cer of the Volvo Group
since 1997. With Volvo since 1997. Member of the
Volvo Board since 1997. Board member: Bristol-
Myers Squibb Company, Svenska Cellulosa Aktie-
bolaget SCA, Confederation of Swedish Enterprise
and The Association of Swedish Engineering Indus-
tries. Member of the Royal Swedish Academy of Engi-
neering Sciences. Holdings in Volvo, own and
related parties: 539,477 shares, including 347,690
Series B shares.
Principal work experience: Project consultant Indevo;
Assistant to President Centro Maskin Morgårdsham-
mar; President Husqvarna Motorcyklar; Division Man-
ager Offi ce 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. Executive Vice President, Planning,
Programs and Control, Renault. Member of the
Volvo Board since 2006. Holdings in Volvo,
own and related parties: 2,250 Series B
shares.
Principal work experience: Various positions
within Renault (from Engine Engineer to Senior
Vice President CEO’s Offi ce Renault SA and
member of the Renault Management Commit-
tee); Vice President, CEO’s Offi ce at Nissan;
Senior Vice President, CEO/COO Offi ce and
Corporate Administration, Nissan Motor Co., Ltd.
Ravi Venkatesan
Born 1963. MBA and M Sc Industrial Engineering.
Board chairman of Microsoft Corporation (India) Pvt.
Ltd, and responsible for the company’s marketing,
operational and business development in India.
Board Chairman: Junior Achievement India, Non
profi t organisation. Board member: Non Profi t Advi-
sory Board Harvard Business School, Advisory Board
Indian Institute of Technology. Member of the Volvo
Board since 2008. Holdings in Volvo, own and
related parties: 700 Series B shares.
Principal work experience: Several leading positions
within the American engine manufacturer Cummins.
Board members elected by the Annual General Meeting
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, own and related parties: 3,000 Series B
shares.
Principal work experience: Numerous positions
with Texaco Inc, retired as Chairman and Chief
Executive Offi cer in 2001.
Louis Schweitzer
Member of the Remuneration Committee
Born 1942. Bachelor of Laws. Board Chairman:
Renault, AstraZeneca Plc. Chairman of the Supervi-
sory Board of Le Monde. Board member: BNP-
Paribas, Véolia, L’Oréal. Member of the Volvo Board
since 2001. Holdings in Volvo, own and related
parties: 10,000 Series B shares.
Principal work experience: Offi cial 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
positions with Renault SA (Chief Financial Offi cer and
Executive Vice President Finance and Planning,
President and Chief Operating Offi cer, Chairman and
Chief Executive Offi cer).
Corporate Governance 2008
72