GÖTEBORG, Sweden, Feb. 17, 2022 /PRNewswire/ -- The Election
Committee of AB Volvo proposes that Jan
Carlson be elected as new Board member at the Annual General
Meeting on April 6, 2022. The
Election Committee also proposes the re-election of the Chairman of
the Board Carl-Henric Svanberg, as well as Board members Matti
Alahuhta, Eric Elzvik, Martha Finn
Brooks, Kurt Jofs,
Martin Lundstedt, Kathryn V. Marinello, Martina Merz, Hanne de
Mora and Helena Stjernholm.
Eckhard Cordes will not stand for
re-election.
Jan Carlson, 61, is an
experienced business leader in both corporate line management and
public company board governance. He has 30 years of automotive
industry experience from various management positions and Board
work in global leading companies. Previous positions include a
variety of leadership roles, including the role as President and
CEO, within the Autoliv Group, the worldwide leader in automotive
safety with operations in 27 countries. He has also been the
President of Saab Combitech and of Swedish Gate Array. Currently,
Jan Carlson is President and CEO as
well as Board Chairman of Veoneer Inc., a worldwide leader in
automotive technology, and the Board Chairman of Autoliv Inc. He
also serves on the board of Telefonaktiebolaget LM Ericsson.
The Election Committee of AB Volvo comprises representatives of
four of the company's largest shareholders, who together represent
approximately 17.6 percent of the shares and approximately
39.0 percent of the votes, and the Chairman of the Board. The
members who represent the largest shareholders are Bengt Kjell (AB Industrivärden), Anders Oscarsson (AMF and AMF Funds), Ramsay
Brufer (Alecta) and Carine Smith
Ihenacho (Norges Bank Investment Management).
February 17, 2022
For further information, please contact:
Bengt Kjell, Chairman of the
Election Committee, +46 705-94 53 98
For more information, please visit volvogroup.com
For frequent updates, follow us on Twitter: @volvogroup
The Volvo Group drives prosperity through transport and
infrastructure solutions, offering trucks, buses, construction
equipment, power solutions for marine and industrial applications,
financing and services that increase our customers' uptime and
productivity. Founded in 1927, the Volvo Group is committed to
shaping the future landscape of sustainable transport and
infrastructure solutions. The Volvo Group is headquartered in
Gothenburg, Sweden, employs almost
95,000 people and serves customers in more than 190 markets. In
2021, net sales amounted to about SEK 372
billion (EUR 37 billion).
Volvo shares are listed on Nasdaq Stockholm.
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SOURCE AB Volvo