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CORPORATE GOVERNANCE REPORT 2011
152
BOARD OF DIRECTORS AND AUDITORS
Board members elected by the
Annual General meeting
1. Louis Schweitzer
Chairman of the Board
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
Financial Officer and Executive Vice President Finance
and Planning, Chief Operating Officer, Chairman and
Chief Executive Officer).
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.
3. Jean-Baptiste Duzan
Member of the Audit Committee
Born 1946. Graduate of the Ecole Polytechnique. 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.
4. 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, IMD Foundation
Board. 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 Credit-
bank 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.
5. 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 AB, SSAB, Svenska
Cellulosa Aktiebolaget SCA, Telefonaktiebolaget LM
Ericsson, Stockholm School of Economics and SSE Asso-
ciation. 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 –