Volvo 2012 Annual Report Download - page 84

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CORPORATE GOVERNANCE REPORT 2012 CORPORATE GOVERNANCE
1. Carl-Henric Svanberg
Chairman of the Board
Chairman of the Remuneration Committee
Born 1952. Master of Science, B. Sc. Busi-
ness Administration. Board Chairman: BP
p.l.c. Chairman of the Volvo Board since April 4,
2012. Holdings in Volvo, own and related
parties: 700,000 Series B shares.
Principal work experience: Has held various
positions at Asea Brown Boveri (ABB) and
Securitas AB; President and Chief Executive
Officer of Assa Abloy AB; President and Chief
Executive Officer of Telefonaktiebolaget LM
Ericsson; member of the External Advisory
Board of the Earth Institute at Columbia
University and the Advisory Board of Harvard
Kennedy School.
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 par-
ties: 3,000 Series B shares.
Principal work experience: Numerous posi-
tions 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 Polytech-
nique. 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 ser-
vices at Renault V.I.; finance director of
Renault credit, 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. He
was then named Group Controller. Today, he
works as an independant consultant.
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 Creditbank in Luxemburg 1984, various
positions within brand management and con-
trolling 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 Economics, MBA at UCLA. President and
Chief Executive Officer of AB Industrivärden.
Board Chairman: Sandvik AB. Vice Chair-
man: Svenska Handelsbanken. Board mem-
ber: AB Industrivärden, Ernströmgruppen AB,
SSAB Svenskt Stål AB, Svenska Cellulosa
Aktiebolaget SCA, Telefonaktiebolaget LM
Ericsson, Stockholm School of Economics and
SSE Association. Member of the Volvo Board
since 2009. Holdings in Volvo, own and rela-
ted 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 Presi-
dent and CFO, and President of STC Venture
AB; President at OM International AB; Execu-
tive Vice President and CFO at Securum;
Director with executive responsibility for Mar-
kets and Corporate Finance at Nordbanken;
Executive Vice President and CFO at Skanska.
6. Olof Persson
Born 1964. B. Sc. in Business Administration
and Economics. President of AB Volvo and
Chief Executive Officer of the Volvo Group since
2011. Board Chairman: The German-Swedish
Chamber of Commerce. Board member: The
Confederation of Swedish Enterprise and the
Swedish-American Chamber of Commerce.
Member of the Volvo Board since 2011. Hold-
ings in Volvo, own and related parties:
76,037 Series B Shares.
Principal work experience: Began his career
at ABB; has held a number of executive posi-
tions at AdTranz and Bombardier; President of
Volvo Aero; President of Volvo Construction
Equipment.
7. Ravi Venkatesan
Born 1963. MBA, Harvard Business School,
and M.Sc. Industrial Engineering, Purdue Uni-
versity. Director Truepoint Center in Boston.
Board member: Infosys Ltd., Advisory Board
of Bunge Inc., Non Profit Advisory Board Har-
vard Business School, Babajobs Pvt. Ltd.
Member of the Volvo Board since 2008. Hold-
ings in Volvo, own and related parties: 700
Series B shares.
Principal work experience: Several leading
positions within the American engine manu-
facturer Cummins. Chairman of Microsoft India
and responsible for Microsoft’s marketing,
operational and business development efforts
in India.
8. Lars Westerberg
Chairman of the Audit Committee
Born 1948. M.Sc. Engineering, Bachelor
Business Administration. Board Chairman:
Husqvarna AB. Board member: SSAB Sven-
skt Stål AB, Sandvik AB, Meda AB and Stena
AB. Member of the Volvo Board since 2007.
Holdings 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.
9. Ying Yeh
Member of the Remuneration Committee
Born 1948. BA, Literature & International
Relations. Board member: ABB Ltd, Sam-
sonite International S.A., InterContinental
Hotels Group PLC. 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 Presi-
dent and Chairman, North Asia Region. Chair-
man of Nalco Greater China.
Board members elected by the Annual General meeting
Board of Directors