Volvo CEO and president HÃ¥kan Samuelsson will step down from his role in March after nearly a decade, to be replaced by ex-Dyson Group CEO Jim Rowan.
Autocar award winner Samuelsson has been president and CEO of Volvo Cars since October 2012, having previously served for two years on the company board and before that as chairman and CEO of the now defunct commercial vehicle manufacturer MAN SE.
Samuelsson's contract comes to an end in 2022, and Volvo said his successor has been selected after "a thorough and diligent search process to secure the continued strong leadership of Volvo Cars with a CEO who has a strong background in software, digital transformation and innovative consumer products".
