Björn Ingemanson new President of Volvo Penta

Björn Ingemanson, 53, has been appointed new President of Volvo Penta. Björn Ingemanson is currently President of Volvo Trucks’ International Division and will assume his new position on April 1, 2012, when he will succeed the current President Göran Gummeson, who will retire next year.

Björn Ingemanson has a long history at the Volvo Group and his past positions include CFO of Volvo Trucks and European head of the Group’s customer financing company, Volvo Financial Services. Volvo Penta’s current President Göran Gummeson, who turns 65 in February, will remain as President until March 31, 2012.

Björn Ingemansson will not be replaced in his current role since Volvo Trucks’ international division will be moved up into the new regional truck organizations in sales and marketing in conjunction with the introduction of a new organization at year-end.

Following the reorganization, Volvo Penta will remain a business area in the Volvo Group, with responsibility for development and sales of engines and drive systems for marine and industrial applications.

December 21, 2011

Journalists who would like more information, please contact: Mårten Wikforss +46 31-66 11 27 or +46 705-59 11 49.

The Volvo Group is one of the world’s leading manufacturers of trucks, buses and construction equipment, drive systems for marine and industrial applications and aerospace components. The Group also provides complete solutions for financing and service. The Volvo Group, which employs about 100,000 people, has production facilities in 19 countries and sells their products in more than 180 markets. In 2010 annual sales of the Volvo Group amounted to about SEK 265 billion. The Volvo Group is a publicly-held company headquartered in Göteborg, Sweden. Volvo shares are listed on OMX Nordic Exchange Stockholm. For more information, please visit www.volvogroup.com or www.volvogroup.mobi if you are using your mobile phone.

Tags: