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Tina Hultkvist new Chief Financial Officer and member of the Executive Board

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Volvo Group has appointed Tina Hultkvist as Chief Financial Officer, effective March 15, 2022, succeeding Jan Ytterberg, who will continue as a senior advisor. Hultkvist, born in 1974, has been with Volvo since 1998 and held senior roles in finance. This leadership change signals a continuity strategy for the finance department, as Hultkvist brings extensive experience in Group Reporting, Tax, and Control. The company aims to maintain its commitment to sustainable transport and infrastructure solutions, reinforcing its position in the global market.

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  • Tina Hultkvist brings over two decades of experience at Volvo Group, indicating stability in financial leadership.
  • The appointment reflects continuity and commitment to Volvo's financial strategy amidst leadership change.
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  • None.

GÖTEBORG, Sweden, Feb. 16, 2022 /PRNewswire/ -- Tina Hultkvist has been appointed Chief Financial Officer and new member of Volvo Group Executive Board. She will succeed Jan Ytterberg, who after several successful years will step down from the role as Group CFO and continue as Volvo Group senior advisor.

Tina Hultkvist, born in 1974, currently holds the position as Senior Vice President Group Reporting, Tax and Control. Her career at the Volvo Group began in 1998 where she has held many senior positions within the finance area.

Tina Hultkvist and Jan Ytterberg will take up their new positions on March 15th, 2022.

February 16th, 2022

Journalists wanting further information, please contact:

Claes Eliasson, Volvo Group Media Relations, +46 76 553 72 29

This information is information that AB Volvo (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 6.30 p.m. CET on February 16, 2022.

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 95.000 people and serves customers in more than 190 markets. In 2021, net sales amounted to about SEK 372 billion (EUR 37 billion). Volvo shares are listed on Nasdaq Stockholm.

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SOURCE AB Volvo

FAQ

Who is the new CFO of Volvo Group?

Tina Hultkvist has been appointed as the new Chief Financial Officer of Volvo Group.

When will Tina Hultkvist assume the role of CFO?

Tina Hultkvist will take on the role of CFO on March 15, 2022.

Who did Tina Hultkvist succeed as CFO of Volvo Group?

Tina Hultkvist succeeded Jan Ytterberg as CFO of Volvo Group.

What was Jan Ytterberg's position after stepping down?

Jan Ytterberg will continue as a senior advisor after stepping down as CFO.

What is Tina Hultkvist's career background at Volvo?

Tina Hultkvist has held various senior finance positions at Volvo Group since 1998.

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