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Volvo AB (VOLVb.ST)

VOLVb.ST on Stockholm Stock Exchange

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20 May 2019
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Summary

Name Age Since Current Position

Carl-Henric Svanberg

67 2012 Independent Chairman of the Board

Martin Lundstedt

52 2016 President, Chief Executive Officer, Member of the Group Executive Board, Director

Jan Gurander

58 2018 Deputy Chief Executive Officer, Member of the Group Executive Board

Jan Ytterberg

58 2018 Executive Vice President Group Finance, Chief Financial Officer, Member of the Group Executive Board

Lars Stenqvist

52 2016 Executive Vice President Group Trucks Technology, Group Chief Technology Officer, Member of the Group Executive Board

Sofia Frandberg

55 2013 Executive Vice President Group Legal & Compliance and General Counsel, Member of the Group Executive Board, Secretary to the Board

Diana Niu

53 2019 Executive Vice President Group Human Resources, Member of the Group Executive Board

Roger Alm

57 2019 Executive Vice President Volvo Group, President Volvo Trucks, Member of the Group Executive Board

Bruno Blin

56 2016 Executive Vice President Volvo Group, President Renault Trucks, Member of the Group Executive Board

Andrea Fuder

52 2017 Executive Vice President Volvo Group Trucks Purchasing, Member of the Group Executive Board

Melker Jernberg

51 2018 Executive Vice President Volvo Group, President Volvo Construction Equipment, Member of the Group Executive Board

Jan Ohlsson

66 2016 Executive Vice President Group Trucks Operations, Member of the Group Executive Board

Joachim Rosenberg

49 2016 Executive Vice President Volvo Group and Chairman of UD Trucks, Member of the Group Executive Board

Martin Weissburg

57 2018 Executive Vice President Volvo Group, President Mack Trucks, Member of the Group Executive Board

Kina Wileke

45 2018 Executive Vice President Group Communication & Sustainability Affairs, Member of the Group Executive Board

Lars Ask

60 2016 Director, Employee Representative

Mats Henning

58 2014 Director, Employee Representative

Mikael Sallstrom

60 2009 Director, Employee Representative

Helena Stjernholm

49 2016 Director

Matti Alahuhta

67 2014 Independent Director

Eckhard Cordes

68 2018 Independent Director

Hanne de Mora

59 2010 Independent Director

Eric Elzvik

59 2018 Independent Director

James Griffith

65 2014 Independent Director

Kathryn Marinello

63 2014 Independent Director

Martina Merz

56 2015 Independent Director

Christer Johansson

Senior Vice President, Investor Relations

Biographies

Name Description

Carl-Henric Svanberg

Mr. Carl-Henric Svanberg has served as Independent Chairman of the Board of Directors at Volvo AB since April 4, 2012. He is Chairman of the Company’s Remuneration Committee, Chairman of the Business Area Committee and Member of Election Committee. He also serves as Chairman of the Academy at The Royal Swedish Academy of Engineering Services (IVA) and Chairman of the European Round Table of Industrialists. He has held various positions at Asea Brown Boveri (ABB) and Securitas AB. He has been President and Chief Executive Officer of Assa Abloy AB; President and Chief Executive Officer of Telefonaktiebolaget LM Ericsson, as well as Member of the External Advisory Board of the Earth Institute at Columbia University and the Advisory Board of Harvard Kennedy School. He was also Board Chairman of BP plc. He holds Master of Science degree in Applied Physics, Linkoping Institute of Technology and Bachelor of Science degree in Business Administration from University of Uppsala.

Martin Lundstedt

Mr. Martin Lundstedt has been President, Chief Executive Officer and Member of the Group Executive Board at Volvo AB since October 22, 2015, and Member of the Company's Board of Directors since April 6, 2016. His most recent role has been as President and CEO of the Scania Group from 2012 to 2015. Martin Lundstedt has spent his career at Scania. He joined in 1992 as a trainee after obtaining a Master of Science degree in Industrial Management and Technology from Chalmers Tekniska Hogskola. He has held a number of executive positions. He was Co-Chairman of the UN Secretary-General’s High-Level Advisory Group on Sustainable Transport from 2015 till 2016. He was Project leader Scania do Brasil (1995), Manager Industrial Engineering, Scania Engine Production (1996), Production Manager Scania Engine Production (1997), Head of Basic Engine Development (1999), Managing Director of Scania Production, Angers France (2001), Head of Product Marketing and member of the Executive Team (2005), Head of trucks (2006), Head of Franchise and Factory Sales (2007). He is Chairman of Partex Marking Systems AB and Permobil AB, and Board Member of Concentric AB and ACEA Commercial Vehicle. He is also Member of the Royal Swedish Academy of Engineering Sciences (IVA) and Advisory Member of the Swedish National Innovation Council. He holds Master of Science degree.

Jan Gurander

Mr. Jan Gurander has been appointed Deputy Chief Executive Officer and Member of the Group Executive Board of Volvo AB effective as of March 1, 2016. He was also Chief Financial Officer of the Company from March 1, 2016 till November 1, 2018. He has previously been Executive Vice President Corporate Finance, Information Technology & Financial Services, Group Chief Financial Officer and Member of the Group Executive Board of Volvo AB since March 1, 2014. He has also been appointed Acting President and Chief Executive Officer of the Company for a period from April 22, 2015 until October 21, 2015. He was most recently Chief Financial Officer & Senior Vice President Finance at Volvo Car Corporation from 2011 until 2013. His previous positions include that of Chief Financial Officer & Group Vice President at Scania AB (2001-2006) and CFO at MAN Diesel & Turbo SE (2010) and CFO at MAN Diesel SE (2008-2009). He was also President of Business Unit Finance AB Volvo from 1999 until 2001 and Senior Vice President & Finance Director at Scania AB (1998-1999). He holds a Master of Science degree. He is Board Member of Teknikforetagen.

Jan Ytterberg

Mr. Jan Ytterberg has been Executive Vice President Group Finance, Chief Financial Officer and Member of the Group Executive Board at Aktiebolaget Volvo since November 1, 2018. He holds MSc in Business Administration and Economics. He was CFO of Husqvarna Group 2015–2018, Executive Vice President and CFO of Scania Group 2006–2015. He also held various positions in accounting and finance, Scania Group 1987– 2006. He is Board Member of Madrague.

Lars Stenqvist

Mr. Lars Stenqvist has been appointed Executive Vice President Group Trucks Technology, Group Chief Technology Officer and Member of the Group Executive Board at Aktiebolaget Volvo, effective as of October 2016. He was Head of R&D and CTO at Volkswagen Truck & Bus 2015–2016, Senior Vice President Vehicle Definition R&D at Scania 2007–2015. Prior to that held various senior positions at Scania since 1992. He holds a Master of Science degree in Industrial Engineering.

Sofia Frandberg

Ms. Sofia Frandberg has been Executive Vice President Group Legal & Compliance and General Counsel, Member of the Group Executive Board and Secretary to the Board at Volvo AB since April 1, 2013. She started working within the Volvo Group in 1994. From 1998 until 2013, she has been Head of Corporate Legal at AB Volvo. She also served as Corporate Legal Counsel from 1994 until 1997. She has many years of experience of Law and worked for the legal firm Vinge prior to joining Volvo AB. She holds Master of Laws degree.

Diana Niu

Ms. Diana Niu has been appointed Executive Vice President Group Human Resources, Member of the Group Executive Board at Aktiebolaget Volvo, effective as of January 1, 2019. She joined Volvo Group in February 2005, with SVP HR jobs in two Business Areas, Trucks Asia Pacific and Volvo Construction Equipment. She worked for Ericsson from July 1993 to January 2005 in a number of leadership positions. She holds MBA and BA in Economics degrees.

Roger Alm

Mr. Roger Alm has been appointed Executive Vice President Volvo Group and President Volvo Trucks, Member of the Group Executive Board at Aktiebolaget Volvo effective as of January 1, 2019. He previously was Senior Vice President Volvo Trucks Europe 2016–2018; Senior Vice President Volvo Group Trucks Northern Europe 2015– 2016; President Volvo Group Trucks Latin America 2012–2014; President Volvo Trucks Latin America 2010–2011; Managing Director Volvo Trucks, Region East 2004–2009. He has been with Volvo since 1989.

Bruno Blin

Mr. Bruno Blin has been Executive Vice President Volvo Group and President Renault Trucks and Member of the Group Executive Board at Aktiebolaget Volvo since March 1, 2016. After having worked for several companies in the manufacturing, quality and purchasing areas, Bruno Blin joined Renault Trucks Purchasing in 1999. He has held several senior positions over the years until being appointed Senior Vice President of Volvo Group Purchasing. He has also served as Senior Vice President, Group Truck Sales South Europe since January 2013. He holds a Master of Business Administration degree.

Andrea Fuder

Ms. Andrea Fuder has served as Executive Vice President Volvo Group Trucks Purchasing and Member of the Group Executive Board at Volvo AB since 2017. She holds Master of Science degree and Master of Business Administration degree. She has worked in Quality and Logistic and held various senior positions at Volkswagen’s Purchasing organization since 1992. She was also Head of Purchasing at Scania (2012–2016).

Melker Jernberg

Mr. Melker Jernberg has been Executive Vice President Volvo Group and President Volvo Construction Equipment, Member of the Group Executive Board at Aktiebolaget Volvo since January 1, 2018. He holds Master of Science degree in Mechanical Engineering. He previously was CEO and President at Hoganas AB 2014– 2017, Executive Vice President, Business Area EMEA at SSAB 2011–2014. He has held various positions at Scania AB since 1989, most recently as Senior Vice President Buses and Coaches at Scania AB 2007–2011.

Jan Ohlsson

Mr. Jan Ohlsson has been appointed Executive Vice President Group Trucks Operations and Member of the Group Executive Board at Volvo AB, effective as of June 1, 2016. He has previously been Acting Head of Group Trucks Operations at the Company since during 2016. He has been Member of the Group Executive Board since April 2016. He has worked at the Volvo Group since 1979. He previously was Senior Vice President Powertrain Production Group Trucks Operations 2012–2016; 2001–2012 General Manager European Manufacturing Volvo Trucks. He holds Master of Science degree.

Joachim Rosenberg

Mr. Joachim Rosenberg has been appointed Executive Vice President Volvo Group and Chairman of UD Trucks, Member of the Group Executive Board of Volvo AB, effective as of March 1, 2016. He has previously been Executive Vice President, Group Trucks Sales and Member of the Group Executive Team at Volvo AB since January 1, 2015. He no longer serves as Executive Vice President Group Trucks Sales & Marketing and JVs APAC and Member of the Group Executive Team at the Company, effective as of the end of 2014. He has held this position since October 1, 2012. Before that, he has been Executive Vice President Group Trucks Sales & Marketing APAC and Member of the Group Executive Team at the Company since January 1, 2012. He also served as President of Volvo Group Asia Truck Operations between 2007 and 2011, Vice President Volvo Group Alliance Office in 2007 and Vice President Volvo Powertrain between 2005 and 2007. He joined the Company in 2005. He holds a Master of Science degree in Industrial Engineering and Management, Master of Science degree in Financial Economics and a Master of Science degree in Business and Economics. He is Volvo Group representative for Japan Automobile Manufacturers Association (JAMA).

Martin Weissburg

Mr. Martin Weissburg has been appointed Executive Vice President Volvo Group and President Mack Trucks, Member of the Group Executive Board at Volvo AB effective as of June 1, 2018. He no longer serves as Executive Vice President Volvo Group and President Volvo Construction Equipment, Member of the Group Executive Board of Volvo AB effective as of January 1, 2018. He has held the position since March 1, 2016. He has been President of Volvo CE since 2014. He was previously Executive Vice President, President of Volvo Construction Equipment within Volvo AB and Member of the Group Executive Team from January 1, 2014 until December 31, 2014. He no longer serves as Executive Vice President Volvo Financial Services in the Company, effective as of January 1, 2014. He has held this position since January 1, 2013. He was Member of the Group Executive Team of the Company between May 15, 2010 and December 31, 2014. He was also Head of Volvo Financial Services from May 15, 2010 until January 1, 2013. Before that, he was President of Volvo Financial Services the Americas from 2005 until 2010. He joined the Company in 2005. He holds a Bachelor of Science degree in Industrial Management from Purdue University and Master of Business Management degree from George Washington University.

Kina Wileke

Ms. Kina Wileke has been Executive Vice President Group Communication & Sustainability Affairs, Member of the Group Executive Board at Aktiebolaget Volvo since January 1, 2018. She holds a MA degree in Journalism, University of Gothenburg. She has been responsible for Group Communications since 2018. With the Volvo Group since 2008, most recently as Senior Vice President Brand, Communication & Marketing Volvo Penta 2016–2017, Senior Vice President External Corporate Communication Volvo Group 2012–2016 and CEO Communication Volvo Group 2008–2012. She has held a number of positions in TV4 Group 1998–2008. She is Board Member of Handelsbanken Regionbanken Vastra Sverige.

Lars Ask

Mr. Lars Ask has served as Employee Representative on the Board of Directors of Volvo AB since April 6, 2016. He is Member of the Business Area Committee. He was previously Deputy Member of the Board from June 16, 2009. He has been with Volvo since 1982.

Mats Henning

Mr. Mats Henning has been Director, Employee Representative at Volvo AB since May 9, 2014. He has been employed at the Company since 1982.

Mikael Sallstrom

Mr. Mikael Sallstrom has served as Employee Representative on the Board of Directors of Volvo AB since September 7, 2009. He is Member of the Remuneration Committee. He worked for the Company between 1980 and 1999, and then re-joined in 2009.

Helena Stjernholm

Ms. Helena Stjernholm has served as Member of the Board of Directors of Volvo AB since April 6, 2016. She is Member of the Company’s Audit Committee and Member of the Business Area Committee. She holds a Master of Science degree in Business Administration from Stockholm School of Economics. She also serves as President and CEO of AB Industrivarden, and as Board Member of AB Industrivarden, Sandvik AB and Telefonaktiebolaget LM Ericsson. Between 1998 and 2015, she was partner in the private equity firm IK Investment Partners (former Industri Kapital) with responsibility for its Stockholm office. She was also a member of IK’s Executive Committee. Helena has served in various positions with IK and prior to that worked as a consultant for Bain & Company.

Matti Alahuhta

Dr. Matti Alahuhta has been Independent Director of Aktiebolaget Volvo since April 2, 2014. He is also Member of the Remuneration Committee and Member of the Business Area Committee. He holds Master of Science and Doctor of Science degrees, Helsinki University of Technology. He is Chairman of the Board of DevCo Partners Oy and Outotec Corporation. He is also Board Member of ABB Ltd and Kone Corporation. He held several management positions in the Nokia Group, including President of Nokia Telecommunications, President of Nokia Mobile Phones and Chief Strategy Officer of the Nokia Group. He was also President of the Kone Corporation between 2005 and 2014 and Chief Executive Officer between 2006 and 2014, as well as Chairman of the Board of Aalto University Foundation until 2015.

Eckhard Cordes

Dr. Eckhard Cordes has been Independent Director of Volvo AB since 2018. He has previously been Director of the Company since April 1, 2015. He is Member of the Business Area Committee. He holds Master of Business Administration and Doctorate in Philosophy from University of Hamburg. He has been Partner in Cevian Capital and EMERAM Capital Partners since 2012. He is also Member of the Executive Committee of Eastern European Economic Relations of German Industry. He is Board Chairman of Bilfinger SE. He started with Daimler Benz AG, where he has held several management positions, such as head of the trucks and buses business, Head of Group Controlling, Corporate Development and M&A in AEG AG and CEO of Mercedes Car Group. Previously, he was CEO of Metro AG, senior advisor at EQT and Board member of Air Berlin, SKF, Carl Zeiss and Rheinmetall AG.

Hanne de Mora

Ms. Hanne de Mora has served as Independent Member of the Board of Directors of Volvo AB since April 14, 2010. She is Chairman of the Audit Committee. She has been Co-Founder and Chairperson of the Board of Directors of a-connect (group) ag since 2002. She is also Member of the Supervisory Board of IMD and Board Member of Outotec Oyj. She started her professional career as Credit Analyst at Den Norske Creditbank in Luxemburg in 1984. Later on, she held various positions within brand management and controlling within Procter & Gamble (1986-1989) and Partner McKinsey & Company, Inc. (1989-2002). She holds a Bachelor of Arts degree in Economics from HEC in Lausanne and a Master of Business Administration degree from IESE in Barcelona (a part of Universidad de Navarra).

Eric Elzvik

Mr. Eric A. Elzvik has been Independent Director at Aktiebolaget Volvo since April 5, 2018. He is Member of the Audit Committee. He holds MSc Business Administration, Stockholm School of Economics. He is Board member of Telefonaktiebolaget LM Ericsson, Landis+Gyr Group AG, Fenix Marine Services and VFS Global. He joined ABB in 1984 and has held several management positions in the Finance function at ABB in Sweden, Singapore and Switzerland – most recently as Group CFO between 2013 and 2017 and previously as CFO for the Divisions Discrete Automation & Motion and Automation Products and a position as Head of Mergers & Acquisitions and New Ventures and also as Head of Corporate Development. He has been industrial advisor to private equity.

James Griffith

Mr. James (Jim) W. Griffith has been Independent Director of Volvo AB since April 2, 2014. He is Member of the Remuneration Committee and Member of the Business Area Committee. He holds Bachelor of Science degree in Industrial Engineering and a Master of Business Administration degree from Stanford University. He is Member of the Board of Illinois Tool Works Inc. He began his career at The Timken Company in 1984, where he has held several management positions, such as responsible for Timken’s bearing business activities in Asia, the Pacific and Latin America and for the company’s automotive business in North America. Until 2014, he was President and Chief Executive Officer at Timken Company.

Kathryn Marinello

Ms. Kathryn (Kathy) V. Marinello has been Independent Director of Volvo AB since April 2, 2014. She holds Bachelor of Arts degree from State University of New York at Albany and MBA from Hofstra University. She is President and CEO Hertz Global Holdings. She has held several management positions at Citibank, Chemical Bank New York (now JP Morgan Chase), First Bank Systems and First Data Corporation; Division President General Electric Financial Assurance Partnership Marketing and Division President General Electric Fleet Services; President and Chief Executive Officer of Ceridian Corporation and subsequently also Chairman; Board Chairman, President and Chief Executive Officer of Stream Global Services, Inc. She was also Senior Advisor, Ares Management, LLC and Board Member of Nielsen, General Motors Co., MasterCard US and RealPage.

Martina Merz

Mrs. Martina Merz has been Independent Director of Volvo AB since April 1, 2015. She holds Bachelor of Science from University of Cooperative Education, Stuttgart. She is Board Chairperson of SAF Holland SA and Thyssenkrupp AG (supervisory board) as well as Board Member of Deutsche Lufthansa AG (supervisory board), Imerys SA and NV Bekaert S.A. Until January 2015, she was Chief Executive Officer for Chassis Brakes International. She has, during almost 25 years held various management positions in Robert Bosch GmbH, most recently as Executive Vice President Sales and Marketing in the Chassis System Brakes division combined with responsibility for regions China and Brazil and previously Chief Executive Officer of the subsidiary Bosch Closure Systems, also member of the Board of Management of Brose Fahrzeugteile GmbH & Co.

Christer Johansson