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Volvo AB (VOLVa.ST)

VOLVa.ST on Stockholm Stock Exchange

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22 Sep 2017
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Summary

Name Age Since Current Position

Carl-Henric Svanberg

65 2012 Independent Chairman of the Board

Martin Lundstedt

50 2016 President, Chief Executive Officer, Member of the Group Executive Team, Director

Jan Gurander

56 2016 Deputy Chief Executive Officer, Chief Financial Officer, Member of the Group Executive Team

Lars Stenqvist

50 2016 Executive Vice President of Volvo Group Trucks Technology, Group Chief Technology Officer, Member of the Group Executive Team

Sofia Frandberg

53 2013 EVP Group Legal & Compliance and General Counsel, Member of the Group Executive Team, Secretary

Kerstin Renard

56 2012 Executive Vice President Group Human Resources, Member of the Group Executive Team

Bruno Blin

54 2016 Executive Vice President Volvo Group & President Renault Trucks, Member of the Group Executive Team

Andrea Fuder

50 2017 Executive Vice President Volvo Group Trucks Purchasing, Member of the Group Executive Team

Claes Nilsson

60 2016 Executive Vice President Volvo Group & President Volvo Trucks, Member of the Group Executive Team

Jan Ohlsson

64 2016 Executive Vice President Group Trucks Operations and Member of the Group Executive Board

Joachim Rosenberg

47 2016 Executive Vice President Volvo Group and Chairman of UD Trucks, Member of the Group Executive Team

Dennis Slagle

63 2016 Executive Vice President Volvo Group and President Mack Trucks, Member of the Group Executive Team

Henry Stenson

61 2015 Executive Vice President Group Communication & Sustainability Affairs, Member of the Group Executive Team

Martin Weissburg

55 2016 Executive Vice President Volvo Group and President Volvo Construction Equipment, Member of the Group Executive Team

Lars Ask

58 2016 Director, Employee Representative

Eckhard Cordes

66 2015 Director

Mats Henning

56 2014 Director, Employee Representative

Mikael Sallstrom

58 2009 Director, Employee Representative

Helena Stjernholm

47 2016 Director

Matti Alahuhta

65 2014 Independent Director

Hanne de Mora

57 2010 Independent Director

James Griffith

63 2014 Independent Director

Kathryn Marinello

60 2014 Independent Director

Martina Merz

54 2015 Independent Director

Hakan Samuelsson

66 2016 Independent Director

Lars Westerberg

69 2007 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 and Member of Election Committee. He also serves as Chairman of the Board of BP p.l.c. 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 holds Master of Science degree and Bachelor of Science degree in Business Administration.

Martin Lundstedt

Mr. Martin Lundstedt has been President, Chief Executive Officer and Member of the Group Executive Team 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. He has held a number of executive positions. 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, Permobil AB and Board member of Concentric AB and ACEA Commercial Vehicle. He is Member of the Royal Swedish Academy of Engineering Sciences. He holds Master of Science degree.

Jan Gurander

Mr. Jan Gurander has been appointed Deputy Chief Executive Officer, Chief Financial Officer and Member of the Group Executive Team of Volvo AB effective as of March 1, 2016. He has previously been Executive Vice President Corporate Finance, Information Technology & Financial Services, Group Chief Financial Officer and Member of the Group Executive Team 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.

Lars Stenqvist

Mr. Lars Stenqvist has been appointed Executive Vice President of Volvo Group Trucks Technology, Group Chief Technology Officer and Member of the Group Executive Team at Aktiebolaget Volvo effective as of October 2016. He has been active for many years in the heavy vehicles industry, with several years of international experience. He has worked for the Volkswagen Group as head of research and development for trucks and buses. Before then he worked within the Swedish truck maker Scania. 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 Team 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 a Master of Laws degree.

Kerstin Renard

Ms. Kerstin Renard has been Executive Vice President Group Human Resources and Member of the Group Executive Team of Volvo AB since January 1, 2012. She has served as Senior Vice President Human Resources in the Company from 2007 until 2011. Prior to that, she was Senior Vice President Human Resources & Communications at Volvo Powertrain from 2005 until 2006. She has been employed by the Company since 2005. She is Board Member of Teknikforetagen (Engineering companies). She holds a Bachelor of Science degree in Sociology.

Bruno Blin

Mr. Bruno Blin has been Executive Vice President Volvo Group & President Renault Trucks and Member of the Group Executive Team 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 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 Team of Volvo AB since 2017. She holds a Master of Science degree and a 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).

Claes Nilsson

Mr. Claes Nilsson has been Executive Vice President Volvo Group & President Volvo Trucks and Member of the Group Executive Team at Volvo AB since March 1, 2016. He has held various positions in the Volvo Group since 1982. He was Senior Vice President Latin America in 2015. He previously served as Senior Vice President Europe North and Central, Group Trucks Sales (2013–2014), Senior Vice President Volvo Trucks (2011–2012), President Europe Division (2007–2011) and International Division (2006–2007) for Volvo Trucks.

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 worked at the Volvo Group since 1979. He has held a number of different roles in the Group’s truck manufacturing operations, with experience from manufacturing in Europe, North and South America and Japan. He has worked as the manager of the Tuve factory in Gothenburg and as the head of Powertrain Production and Global Trucks Manufacturing. He holds a 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 Team 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).

Dennis Slagle

Mr. Dennis Slagle has been appointed Executive Vice President Volvo Group and President Mack Trucks, Member of the Group Executive Team of Volvo AB effective as of March 1, 2016. He has held various executive level positions within Volvo Group Trucks Sales North America from 2008 until 2016. He was Executive Vice President Group Trucks Sales & Marketing Americas and Member of the Group Executive Team at Volvo AB, from January 1, 2012 until the end of 2014. He has served as Member of the Group Executive Team of the Company since April 1, 2008. Previously, he has been President and Chief Executive Officer of North American Trucks since November 1, 2009. He also held the positions of President and Chief Executive Officer of Volvo Construction Equipment North America (2000-2008), President and Chief Executive Officer of Mack Trucks, Inc. between April 1, 2008 and November 1, 2009, and President of L.B. Smith, Inc. He joined Volvo in 2000. Mr. Slagle serves as Volvo Group Representative for National Association of Manufacturers (NAM). He holds a Bachelor of Science degree in Accounting and is Certified Public Accountant.

Henry Stenson

Mr. Henry Stenson has been Executive Vice President Group Communication & Sustainability Affairs, Member of the Group Executive Team at Aktiebolaget Volvo since January 1, 2015. From 2012 to 2014 he served as Brunswick Group Partner. He was Senior Vice President Corporate Communications at Ericsson 2002-2011. He also served as Senior Vice President SAS Group Communications 1998-2002, as well as Senior Vice President Communications Volvo Car Corporation 1995-1998, and Vice President Automotive Communication AB 1993-1994. He was Vice President Communications & Public Affairs Volvo Aero 1989-1993. He is Board Member of Vestas Wind Systems A/S and Braathens Regional Aviation.

Martin Weissburg

Mr. Martin Weissburg has been appointed Executive Vice President Volvo Group and President Volvo Construction Equipment, Member of the Group Executive Team of Volvo AB effective as of 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.

Lars Ask

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

Eckhard Cordes

Dr. Eckhard Cordes has been Director of Volvo AB since April 1, 2015. 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.

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 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. She holds a Master of Science degree in Business Administration. She also serves as President and CEO of AB Industrivarden, and as Board member of AB Industrivarden, Sandvik AB and 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

Mr. Matti Alahuhta has been Independent Director of Aktiebolaget Volvo since April 2, 2014. He is also Member of the Remuneration Committee. He holds Master of Science and Doctor of Science degrees. He is Chairman of the Board of DevCo Partners Oy and Outotec Corporation. He is 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.

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 Member 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. 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). Ms. de Mora serves on the Board of Directors of Sandvik AB and IMD Foundation Board. 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).

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. He holds a 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 from State University of New York at Albany and MBA from Hofstra University. She is President and CEO Hertz Global Holdings. She also serves as Board Member at Nielsen. 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.

Martina Merz

Ms. 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 Vice Chairperson of SAF Holland SA and Board Member of Deutsche Lufthansa AG (supervisory board) 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.

Hakan Samuelsson

Mr. Hakan Samuelsson has served as Independent Member of the Board of Directors of Volvo AB since April 6, 2016. He holds a Master of Science degree. He also serves as President and CEO of Volvo Car Group and as Board member of Teknikforetagen (Engineering companies). He began his career in 1977 at Scania, where he stayed for more than 20 years. He held leading positions within Scania’s technical division before he joined the executive board in 1996. He brought his experience from Scania to MAN in 2000 when he became Chairman & CEO of MAN Nutzfahrzeuge AG. He was also Chairman & CEO of MAN AG from 2005 to 2009.

Lars Westerberg

Mr. Lars Westerberg has been Independent Member of the Board of Directors of Volvo AB since April 4, 2007. He also serves as Chairman of the Company's Audit Committee. He has held various positions within ASEA (1972–1984) and served in several executive positions at Esab AB (1984–1994), including Chief Executive Officer and President. He was also Chief Executive Officer and President of Granges AB (1994–1999) and Chief Executive Officer and President of Autoliv Inc. (1999–2007) and Chairman of Autoliv Inc. (2007–2011). Previously, he was Chairman of Husqvarna AB, Vattenfall AB and Ahlsell AB. He currently serves as Member of the Boards of SSAB Svenskt Stal AB, Sandvik AB and Stena AB. Mr. Westerberg holds Master of Science degree in Engineering and Bachelor of Business Administration.

Christer Johansson