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Jan Gurander to step down as Volvo Group Deputy CEO

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Jan Gurander will resign as Deputy CEO of Volvo Group effective December 31, 2022. His responsibilities will be reassigned to other Executive Board members. Gurander has been a pivotal figure in the Group since 2014, contributing to its growth and financial stability. He has served as CFO and played a key role in driving sustainability initiatives. President and CEO Martin Lundstedt commended Gurander's significant contributions over the years. The Volvo Group continues to focus on sustainable transport and infrastructure, employing nearly 100,000 people and serving customers in over 190 markets.

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  • Gurander's tenure saw strong growth and profitability for Volvo Group.
  • Significant contributions to the company's strategic direction toward sustainable transport.
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GÖTEBORG, Sweden, Aug. 19, 2022 /PRNewswire/ -- Jan Gurander will step down as Volvo Group Deputy CEO as of December 31st, 2022. His other managerial assignments within the Group will gradually be distributed to other members of the Volvo Group Executive Board. After the turn of the year, Jan Gurander will stand available to President and CEO Martin Lundstedt's disposal.

Jan Gurander has a long and successful career within the Volvo Group, starting as Volvo Group Chief Financial Officer in 2014. He held the role of acting President and CEO for parts of 2015 and was appointed Deputy CEO in 2016. Prior to his career in the Volvo Group, Jan Gurander held the role of Chief Financial Officer in numerous automotive companies and has a background within finance.

"As Deputy CEO, CFO and Chairman of several Business Areas over the last nine years, Jan has been one of the key drivers to the positive growth and profitability development of the Group, as well as the strengthening of our financial position", says Martin Lundstedt, President and CEO. "Jan has also been one of the main contributors when setting our strategic direction to lead the transformation into sustainable transport and infrastructure solutions. I want to express my appreciation for a significant contribution throughout the years, and I look forward to the continuous collaboration."

August 19th, 2022

Journalists wanting further information, please contact:
Claes Eliasson, Volvo Group Media Relations, +46 76 553 72 29

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 100.000 people and serves customers in more than 190 markets. In 2020, net sales amounted to about SEK 338 billion (EUR 33.6 billion). Volvo shares are listed on Nasdaq Stockholm.

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SOURCE AB Volvo

FAQ

When is Jan Gurander stepping down as Deputy CEO of Volvo Group?

Jan Gurander will step down as Deputy CEO effective December 31, 2022.

Who will take over Jan Gurander's responsibilities at Volvo Group?

Jan Gurander's responsibilities will be gradually distributed to other members of the Volvo Group Executive Board.

What role did Jan Gurander hold before becoming Deputy CEO at Volvo Group?

Jan Gurander served as Chief Financial Officer of Volvo Group before becoming Deputy CEO.

What impact did Jan Gurander have on Volvo Group's performance?

Gurander was a key driver of growth and profitability, strengthening the company's financial position.

What is the main focus of Volvo Group's current strategy?

Volvo Group is committed to transforming into sustainable transport and infrastructure solutions.

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