Volvo 2011 Annual Report Download - page 154

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Olof Persson assumed the position as deputy President
of AB Volvo and deputy CEO of the Volvo Group on May 1,
2011. He was previously President of Volvo Construction
Equipment since 2008. Patrick Olney was appointed new
President of Volvo Construction Equipment and he assumed
his position on May 1, 2011, when he also became a member
of the Group Executive Team.
On September 1, 2011, Olof Persson succeeded Leif
Johansson as President of AB Volvo and CEO of the Volvo
Group.
In conjunction with the introduction of the new organi-
zation on January 1, 2012, the following changes were
made to Volvo’s Group Executive Team:
Staffan Jufors, President of Volvo Trucks, retired and
thus resigned from the Group Executive Team.
Stefano Chmielewski, former President of Renault
Trucks, Göran Gummeson, President of Volvo Penta, Satoru
Takeuchi, President of UD Trucks, Martin Weissburg, Presi-
dent of Volvo Financial Services and Staffan Zackrisson,
President of Volvo Aero, are not included in the Group Exec-
utive Team as of January 1, 2012.
Stefan Johnsson resigned from his position as a director
of the Group Executive Team responsible for HR matters
and several business units
Dennis Slagle, former President of North American
Trucks and Mack Trucks, assumed a newly established
position as Executive Vice President Group Trucks Sales
& Marketing Americas, remaining a member of the Group
Executive Team.
Peter Karlsten, former President of Volvo Powertrain
and Senior Vice President Technology of the Volvo Group,
assumed a newly established position as Executive Vice
President Group Trucks Sales & Marketing EMEA,
remaining a member of the Group Executive Team.
Joachim Rosenberg, formerly responsible for Volvo
Group Asia Truck Operations, assumed a newly estab-
lished position as Executive Vice President Group Trucks
Sales & Marketing APAC, and became a member of the
Group Executive Team.
Pär Östberg, formerly responsible for Trucks Asia,
assumed a newly established position as Executive Vice
President Truck Joint Ventures, remaining a member of
the Group Executive Team.
Torbjörn Holmström, former President of Volvo 3P,
assumed a newly established position as Executive Vice
President Group Trucks Technology, and became a
member of the Group Executive Team.
Mikael Bratt, former CFO of the Volvo Group, assumed
a newly established position as Executive Vice President
Group Trucks Operations, remaining a member of the
Group Executive Team.
Håkan Karlsson, former President of Volvo Buses,
assumed a newly established position as Executive Vice
President Business Areas, remaining a member of the
Group Executive Team.
Anders Osberg, former President of Volvo Treasury,
assumed a newly established position as Executive Vice
President Finance & Business Support and succeeded
Changes in the Group Executive Team
Mikael Bratt as CFO of the Volvo Group, with responsibility
for among other things Volvo Financial Services and Volvo
IT. He also became a member of the Group Executive Team.
Magnus Carlander, former President of Volvo IT,
assumed a newly established position as Executive Vice
President Corporate Process & IT, and became a member
of the Group Executive Team.
Karin Falk, former President of Volvo Group Non-
Automotive Purchasing, assumed a newly established
position as Executive Vice President Corporate Strategy,
and became a member of the Group Executive Team.
Kerstin Renard, former Senior Vice President Human
Resources for the Volvo Group under Stefan Johnsson,
assumed a newly established position as Executive Vice
President Corporate Human Resources, and became a
member of the Group Executive Team.
Eva Persson, Executive Vice President Corporate
Legal & Compliance and General Counsel, Per Löjdquist,
Executive Vice President Corporate Communication,
Patrick Olney, Executive Vice President Volvo Construction
Equipment and Jan-Eric Sundgren, Executive Vice Presi-
dent Public & Environmental Affairs, remain in the Group
Executive Team and retain their current areas of respons-
ibility materially unchanged.
12
34
5
67
8
910
11
12 13
14
15 16
CORPORATE GOVERNANCE REPORT 2011
150
GROUP MANAGEMENT