Volvo Announces Jim Rowen As New CEO Starting In March

Some high-level adjustments are taking place at Volvo, and also by that, we imply adjustments at the highest degree. Current Volvo CEO Håkan Samuelsson will certainly exit his duty efficient March 21, giving way for new chief executive officer Jim Rowan to take the reins.

Samuelsson has held the position considering that 2012, 2 years after formally signing up with the company. In a news release on the shift, Samuelsson’s separation accompanies his contract finishing. He will certainly leave the Volvo board totally, though he will remain as the Chairperson for Polestar for at the very least a little while longer. The spinoff company will certainly provide on the Nasdaq securities market later on this year, and he will remain for that turning point.

Volvo’s press release stresses knowledge of modern technology, software, digital, and also customer products as metrics for locating a new chief executive officer. Jim Rowan seems to fit that bill with a background in the area and modern technology fields as the current CEO of Coal Technologies. Previous roles include a job as chief executive officer of Dyson Team and also COO of BlackBerry.

” I am delighted to sign up with Volvo Cars at such an interesting time for the business and at such a transformational time for both the sector as well as customers,” stated Rowan. “The strong performance history of Volvo Cars throughout development, security and top quality, paired with world-class ability and inspiring sustainability as well as modern technology capacities, puts it in the motorist’s seat for the road ahead.”

” I am pleased to invite Jim to his brand-new role to continue the fantastic trip Volvo Cars gets on,” commented Samuelsson. “I would certainly likewise like to extend my thanks to all Volvo Cars employees for the extraordinary progression we have actually made with each other in the past ten years– for not just making Volvo among the fastest expanding and most trusted premium vehicle brands, but also for always innovating and leading with purpose. I want you all the best for the amazing years to come.”