This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Olof Persson nombrado CEO de AB Volvo
Olof Persson appointed CEO of AB Volvo
18/03/2011
March 18, 2011
The Board of directors of AB Volvo has decided to appoint to Olof Persson, of 46 years, and up to now president of Volvo Construction Equipment, like the new president and adviser delegated of the Group Volvo. Olof Persson Will assume the new functions like President of AB Volvo and CEO of Group Volvo on 1 September of this year, date in which Leif Johansson has announced to withdraw. On 1 May, Olof Persson will turn into Executive vice-president and CEO attach, and will collaborate with Leif Johansson.
"During his time at Volvo Aero and Volvo Construction Equipment, Olof Persson has gained the proper experience and has been shown to have qualities that make him the ideal person to take responsibility as President of AB Volvo and CEO of the Volvo Group, replacing Leif Johansson"", which has transformed and made strategically grow the Volvo Group, at the same time holding the key values of the company," notes Louis Schweitzer, Chairman of the Board of Directors of AB Volvo.
On 1, Olof Persson will become Executive Vice President of AB Volvo and CEO Deputy until the end of August. The successor of Olof Persson as President of Volvo Construction Equipment will be announced soon.
