The
automotive industry is currently challenged by different headwinds driven by
geopolitical and macroeconomic uncertainties that impact the entire
industry, including market sentiment, rapid technology shifts and supply
chains. Volvo Cars is taking a further step in gearing up to navigate
this environment with speed and agility.
Today, Volvo Cars is announcing some organisational changes
that are designed to increase simplicity, speed and collaboration and reduce
complexity by flattening our structure in the Commercial part of the
business – enhancing the responsibilities of the
regions and empowering the employees that
are closest to the customers to make key decisions.
“In a rapidly changing world, we need to ensure our organisation is
equipped to navigate a more challenging market. We are now regrouping
our commercial leadership team with a focus on making Volvo
Cars even stronger with increased speed and
efficiency,” says Jim Rowan, CEO at Volvo Cars.
Volvo Cars will update its leadership responsibilities to mirror these market
conditions, and from November 1, 2024, those changes include:
Arek Nowinski will become President, International
Markets and lead our Europe, US
& Canada, APEC, Latin America and Global
Importers business as well as volume planning and global
offer.
Gretchen Saegh-Fleming, who leads our
marketing teams globally, will lead Customer Experience &
Marketing going forwards, which will include brand, customer care and customer
experience insights and analytics.
Oscar Bertilsson Olsborg, will become Head of Global Commercial
operations. Alongside retailer- and service
development he will be responsible for Commercial
Digital, and will join the GMT, reporting to Jim Rowan.
Erik Severinson, Chief Product & Strategy Officer will lead commercial
strategy, in addition to company and product
strategy, programme management,
sustainability, digital, quality and energy business.
Björn
Annwall, current Chief Commercial Officer & Deputy CEO will step out
of his role and support the transition of the new organisation
before taking his next step outside of Volvo Cars.
“Over the past nine years, Björn has established a strong
team around him that will continue the important work ahead, and I
look forward to working closely together with him to enable this
transition. I would also like to extend my warmest thanks to Björn
for his tremendous contribution to Volvo Cars over the years,
including the pivotal part he played
in our successful listing on the stock market, advancing our
shift towards electrification and our expansion into new markets,” said
Jim Rowan, CEO, Volvo Cars.
"It has been a privilege to be part of Volvo Cars journey these
years in various roles. We have grown in sales volume and market earnings, gone
from a private to a listed company, strengthened our brand and digital
capabilities, built a strong team, and advanced our position in the
premium market. Volvo Cars remains on an
exciting journey in electrification and has an important
role to play in the automotive sector going forwards,” says Björn Annwall.
The Volvo
Cars Executive Management Team (EMT) will consist of the following:
- CEO & President,
Jim Rowan
- Chief Finance Officer,
Johan Ekdahl
- General Counsel &
Chief Legal Officer, Helen Hu
- Chief Supply Chain
& Manufacturing Officer, Francesca Gamboni
- Chief Product &
Strategy Officer, Erik Severinson
- Chief People Officer,
Hanna Fager
- Chief Engineering
& Technology Officer, Anders Bell
- Chief Communication
& External Affairs Officer, Olivia Ross-Wilson
The updated and broader Group Management Team consisting of EMT and the
following key roles:
- President, APAC, Xiaolin
Yuan
- President,
International Markets, Arek Nowinski
- President, US/Canada,
Mike Cottone
- Head of Global
Customer Experience & Marketing, Gretchen Saegh-Fleming
- Head of
Global Sustainability, Vanessa Butani
- Head of
Global Performance Steering, Fredrik Hansson
- Head of Global Software
Engineering, Alwin Bakkenes
- Head of Global Design,
Jeremy Offer
- Head of Global Digital
Core, Fredrik Olsson
- Head of Global Quality,
Johan Taws
- Head
of Global Commercial Operations, Oscar Bertilsson Olsborg
- Senior Advisor, Geert
Bruyneel
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