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.
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Strange decision given poor record with stillborn Dyson car attempt and short-sightedness at Blackberry. Luckily Samuelsson is not too far away if the Chinese owners need to send a rescue boat.
Normally Volvo make good decisions - but ex person from Blackberry and Dyson cars??!!! When he was COO at Blackberry the share price went from $115 to $6 !! And the Dyson car was a great operational success........
Or, upcoming new Volvo's will have improved suction.
In so many ways, that attempt at humour doesn't work. But if the Volvo car company did have it's HQ in the UK, then if they wanted to avoid the catastophe that remoaners said would happen, surly Volvo or rather Dyson, would have moved their HQ to a EU member state where apparently paths are paved with gold?
Last time I checked, Singapore was in the same position as the UK - they're not in the EU and it's government as well as the majority of it's people don't want to be part of it.
Still grumpy in the new year remoaner. Must be the Shropshire by election results for Rejoin the EU, 58 votes, even monster raving looning party got 5 times that. That really is embarrassing.