Volvo 2010 Annual Report Download - page 145

7. Ravi Venkatesan
Born 1963. MBA and M Sc Industrial Engineering. Chairman
of Microsoft India and responsible for Microsoft’s marketing,
operational and business development efforts in India.
Board member: Non Profit Advisory Board Harvard Busi-
ness 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.
5. Hanne de Mora
Born 1960. BA in Economics from HEC in Lausanne, MBA
from IESE in Barcelona. Board Chairman: a-connect
(group) ag. Board member: Sandvik AB. Member of the
Volvo Board since 2010. Holdings in Volvo, own and
related parties: 3,000 Series B shares.
Principal work experience: Credit Analyst Den Norske
Creditbank in Luxemburg 1984, various positions within
brand management and controlling within Procter & Gamble
1986–1989, Partner McKinsey & Company, Inc. 1989–
2002, one of the founders and owners, also Chairman of
the Board, of the management company a-connect (group)
ag since 2002.
2. 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 Officer in 2001.
4. Leif Johansson
Born 1951. Master Sc Engineering. President of AB Volvo
and Chief Executive Officer of the Volvo Group since 1997.
With Volvo since 1997. Chairman: ERT (European Round
Table of Industrialists). Board member: Bristol-Myers
Squibb Company, Svenska Cellulosa Aktiebolaget SCA and
The Confederation of Swedish Enterprise. Member of the
Royal Swedish Academy of Engineering Sciences. Member
of the Volvo Board since 1997. Holdings in Volvo, own
and related parties: 540,810 shares, including 349,023
Series B shares.
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.
3. Jean-Baptiste Duzan
Member of the Audit Committee
Born 1946. Graduate of the Ecole Polytechnique. Advisor to
the Chief Executive Officer, Renault S.A. Senior Advisor
Lazard Frères. Board member: Nissan Motor Co. Ltd.
Member of the Volvo Board since 2009. Holdings in Volvo,
own and related parties: 1,000 Series B shares.
Principal work experience: Began his career at Citibank.
Has held various positions within Renault since 1982 –
director of financial services at Renault V.I.; director of
financial operations; project director for the car model
Safrane; Senior Vice President, Purchasing; and joined the
Renault Management Committee. He was also named
Chairman and Managing Director, Renault Nissan Purchasing
Organization.
1. Louis Schweitzer
Chairman of the Board since January 15, 2010
Chairman of the Remuneration Committee
Born 1942. Bachelor of Laws. Board Chairman: Astra-
Zeneca Plc. Board member: BNP-Paribas, L’Oréal and
Véolia. Member of the Volvo Board since 2001. Chairman
of the Board since January 15, 2010. Holdings in Volvo,
own and related parties: 40,000 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 of the French High Authority
against Discrimination and for Equality, HALDE (2005–
2010); numerous positions with Renault S.A. (Chief Finan-
cial Officer and Executive Vice President Finance and
Planning, Chief Operating Officer, Chairman and Chief
Executive Officer).
9. Ying Yeh
Member of the Remuneration Committee
Born 1948. BA, Literature & International Relations. Vice
President and Chairman of Nalco Company, Greater China
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. Government Foreign
Service in Burma, Hong Kong, Taiwan and Beijing. Various
positions with Eastman Kodak in China, latest as President
and Chairman, North Asia Region.
8. Lars Westerberg
Chairman of the Audit Committee
Born 1948. M Sc Engineering, Bachelor Business Adminis-
tration. Board Chairman: Autoliv Inc., Husqvarna AB and
Vattenfall AB. Board member: SSAB Svenskt Stål AB and
Sandvik AB. Member of the Volvo Board since 2007. Hold-
ings in Volvo, own and related parties: 60,000 Series A
shares.
Principal work experience: President and CEO of Gränges
AB, ESAB AB and Autoliv Inc.
Board members elected by the
Annual General Meeting
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
the Volvo Board since 1997. Holdings in Volvo, own and
related parties: 75,823 shares, including 74,407 Series B
shares.
Auditors
PricewaterhouseCoopers AB
Göran Tidström
Authorized Public Accountant.
Lead Partner.
Auditor since 2006.
Other assignments: Auditor of Trelleborg AB, Meda AB and
Kungliga Operan. President of IFAC (International Federa-
tion of Accountants).
Born 1946.
Johan Rippe
Authorized Public Accountant.
Auditor since 2010.
Other assignments: Auditor of Getinge AB and Elanders
AB.
Born 1968.
10. Martin Linder
Employee representative. Born 1973. With Volvo since
1994. Member of the Volvo Board since 2004. Holdings
in Volvo, own and related parties: 212 Series A shares.
13. Lars Ask
Employee representative. Born 1959. With Volvo since 1982.
Deputy member of the Volvo Board since 2009. Holdings in
Volvo, own and related parties: 406 shares, including 250
Series B shares.
11. Mikael Sällström
Employee representative. Born 1959. With Volvo 1980–
1999 and since 2009. Member of the Volvo Board since
2009. Holdings in Volvo, own and related parties:
None.
12. Berth Thulin
Employee representative. Born 1951. With Volvo since
1975. Deputy member of the Volvo Board since 2009
Holdings in Volvo, own and related parties: 1,425
Series B shares.
14. Peteris Lauberts
Employee representative. Born 1948. With Volvo since
1999. Deputy member of the Volvo Board since 2010.
Holdings in Volvo, own and related parties: 156 Series A
shares.
Board members and deputies
appointed by employee organisations
Changes in the Board
Board members elected by the Annual General
Meeting
On January 15, 2010, Finn Johnsson resigned as Chairman
and Board member. In connection therewith, Louis Sch-
weitzer was appointed new Chairman until the next Annual
General Meeting.
At the Annual General Meeting 2010 Louis Schweitzer
was appointed Chairman of the Board until the next Annual
General Meeting. Hanne De Mora was appointed new
member of the Board at the Annual General Meeting 2010.
Board members and deputies appointed by
employee organisations
On January 11, 2010, Margareta Öhlin left her assignment
as deputy. In connection therewith, Peteris Lauberts was
appointed new deputy.
6. Anders Nyrén
Member of the Remuneration Committee
Born 1954. Graduate of the Stockholm School of Econom-
ics, MBA at UCLA. President and Chief Executive Officer
of AB Industrivärden. Board Chairman: Sandvik AB. Vice
Chairman: Svenska Handelsbanken. Board member: AB
Industrivärden, Ernströmgruppen, SSAB Svenskt Stål AB,
Svenska Cellulosa Aktiebolaget SCA, Telefonaktiebolaget
LM Ericsson and SSE Association. Member of the Volvo
Board since 2009. Holdings in Volvo, own and related
parties: 5,200 Series B shares.
Principal work experience: Has worked for AB Wilhelm
Becker. He has held various positions within STC – Controller,
Executive Vice President and CFO, and President of STC
Venture AB; President and Chief Executive Officer at OM
International AB; Executive Vice President and CFO at
Securum; Director with executive responsibility for Markets
and Corporate Finance at Nordbanken; Executive Vice
President and CFO at Skanska.
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