Board of Directors
The Board of Directors of Volvo Car AB consists of 13 members, including three representatives from the trade union. Volvo Car AB is the parent company in Volvo Car Group.
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Li Shufu
Chairman of the Board of Directors
BiographyChairman of the Board of Directors
Li Shufu
Appointed to the Board: August 2010
Concurrent Position:
Zhejiang Geely Holding Group, Founder and Chairman
Born: 1963
Birthplace: China
Achievements:
Founder of Zhejiang Geely Holding Group Co., Ltd. (Geely Holding Group), one of the fastest-growing private automobile enterprises in China.
Companies worked for:
Zhejiang Geely Holding Group
Concurrent Director’s responsibilities:
Vice Chairman of the China Association of Automobile Manufacturers (CAAM) and Vice Chairman of the Chinese Non-Government Education Association.Professional experience:
Founder of the Geely Holding Group
Biography:
Mr Li started his career in the refrigerator and refrigerator parts manufacturing business in 1986, and then transferred to motorcycle manufacturing in 1993. In 1997, he entered the automobile manufacturing industry and has been devoted to the development of China's auto industry over the past two decades.
Under Mr Li's leadership, Geely Holding Group has been committed to independent innovation and development, and achieved major breakthroughs in engine, transmission and other core technologies in the automobile industry. Geely Holding Group has been undergoing a strategic transformation since 2007, and launched a series of competitive models into the Chinese market. On 28 March 2010, Geely Holding Group signed a Definitive Stock Purchase Agreement with Ford Motor Company to acquire Volvo Cars. The acquisition was completed on 2 August 2010. Mr Li has received numerous awards, including the "Top 10 Private Sector Entrepreneurs in China", "Outstanding Figures in Chinese Automotive Industry", "Top 10 Philanthropists in China" and 2009 CCTV Top 10 Businessmen of the Year. -
Mikael Olsson
Vice Chairman of the Board of Directors
BiographyVice Chairman of the Board of Directors
Mikael Olsson
Appointed to the Board: October 2013
Born: 1957
Birthplace: Sweden
Achievements:
Served as President and CEO of IKEA GroupCompanies worked for: IKEA
Concurrent Director’s responsibilities:
Board member of Ikano S.A., Tesco PLC, Lindengruppen AB and The Schipol Group.
Professional experience:
2009 – 2013
President and CEO, IKEA Group/Ingka Holding BV
2000 – 2009
Region Manager Retail, IKEA Group
1995 – 2000
Managing director, IKEA of Sweden AB
1991 – 1995
CEO, IKEA Canada
1988 – 1991
CEO, IKEA Belgium
1979 – 1988
Various positions IKEA Svenska Försäljnings AB including Marketing Manager, Training and Development Manager and Store Manager
Biography:
Mikael Ohlsson is a former President and CEO of IKEA Group, where he worked for more than 30 years and was a member of the group’s executive management for almost 20 years. During his CEO years Ohlsson was chairman of the board of IKEA of Sweden AB (range development and design), the IKEA Industry Group (production), IKEA China Holdings as well as a number of Group Committees. Before taking on the CEO role Mr Ohlsson chaired the board of numerous IKEA retail companies in Europe, the US and Canada, as well as numerous Business Councils and Group Development projects. Mr Ohlsson brings an in-depth knowledge of customer-focused retail operations to the Board of Directors of Volvo Cars.
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Håkan Samuelsson
President and Chief Executive Officer, Member of the Board of Directors
BiographyPresident and Chief Executive Officer, Member of the Board of Directors
Håkan Samuelsson
Appointed to the Board: October 2012
Born: 1951
Birthplace: Sweden
Achievements:
As CEO of MAN, Mr Samuelsson initiated a broad restructuring of the group that resulted in an enhanced and more efficient organisation with a more focused product portfolio.Companies worked for:
Scania, Man AG, Volvo Cars, ScandiaConcurrent Director’s responsibilities:
Board member of Teknikföretagen
Professional experience:
2005 – 2009
Chairman and CEO, MAN AG
2000 – 2005
Chairman and CEO, MAN Nutzfahrzeuge AG, Executive Board Member, MAN AG
1996 – 2000
Executive Board Member Development/Production, Scania Group
1993 – 1996
Industrial Director, Scania Group
1988 – 1993
Director Powertrain, Scania Group
1987 – 1988
Head of Engine Development, Scania Group
1977 – 1987
Various Technical Management Positions, Scania Group Biography:
Håkan Samuelsson started his professional career in 1977 at Scania, where he stayed for more than 20 years. Mr Samuelsson held leading positions within Scania’s technical division before he joined the executive board in 1996. He brought his vast truck experience from Scania to MAN in 2000, when he became head of MAN Nutzfahrzeuge, a subsidiary of MAN AG. When he became CEO of MAN in 2005, he initiated a broad restructuring of the group that resulted in an enhanced and more efficient organisation with a more focused product portfolio. Mr Samuelsson has worked in Latin America and across Europe.
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Winnie K.W. Fok
Member of the Board of Directors
BiographyMember of the Board of Directors
Winnie K.W. Fok
Appointed to the Board: August 2010
Born: 1956
Birthplace: China
Achievements:
Joined EQT Partners Asia in 2000 as Managing Director and was appointed CEO in 2001.Companies worked for:
FAM, Investor AB, EQT Partners Asia Ltd, CEF, Peregrine Direct Investments Ltd, Strategic Assets International Ltd.Concurrent Director’s responsibilities:
Member of Board of G4S Plc, Kemira Oyj and HOPU Investments Co. Ltd.
Member of Board and Audit Committee of Skandinaviska Enskilda Banken AB.
Professional experience:
2013 - present Senior Adviser, FAM 2010 - 2012 Senior Adviser, Investor AB 2001 - 2010 CEO and Senior Partner, EQT Partners Asia Ltd 2000 - 2001 Managing Director, EQT Partners Asia Ltd
1998 - 1999 Managing Director, CEF New Asia Partners Ltd
1994 - 1998 Director and Co-Head, Peregrine Direct Investments Ltd
1988 - 1994 Director, Strategic Assets International Ltd Biography:
Winnie Fok was the Chief Executive of EQT Partners Asia Limited, which manages two private equity funds worth US$322 million and US$545 million. She joined EQT Partners Asia in 2000 as Managing Director and was appointed CEO in 2001. Prior to joining EQT Partners Asia, Ms Fok was Managing Director of CEF New Asia Partners where she designed and implemented strategic development plan to maximise the value of portfolio companies under a US$200 million private equity fund. From 1994 to 1998, she was the Director and co-head of Peregrine Direct Investments Ltd. In April 2004, Ms Fok became a Board member of Aktiebolaget SKF (SKF) based in Gothenburg, Sweden. SKF is listed on the OM Stockholm Stock Exchange, London Stock Exchange, Euronext Paris and the Swiss Exchange. Ms Fok has more than 22 years of experience in corporate advisory and direct investments. She is also a fellow of CPA Australia, an associate member of the Hong Kong Institute of Certified Public Accountants and a member of the Institute of Chartered Accountants in England and Wales.
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Lone Fønss Schrøder
Member of the Board of Directors
BiographyMember of the Board of Directors
Lone Fønss Schrøder
Appointed to the Board: August 2010
Born: 1960
Birthplace: Denmark
Achievements:
Experience that spans industrial turnarounds, production, procurement and financing.Companies worked for:
A.P. Möller-Maersk A/S, Kvärner ASA, Wallenius LinesConcurrent Director’s responsibilities:
Vice Chairman and Chairman Audit Committee, of SAXO Bank.Member of the Board and Chairman Audit Committee of NKT A/S and Valmet Oy.
Member of the Board and Audit Committee, for Aker Solution ASA.Member of the Board of Schneider SE, CSL Group Inc, Bilfinger SE, and INGKA Holdings/ IKEA Group.
Senior Adviser, at Credit Suisse.
Professional experience:
2005 – 2010 President and CEO, Wallenius Lines 2004 – 2005
Working Chairman, Kvärner ASA (now Aker and Aker Solution)
1982 – 2004
Senior Vice President and various CEO and Senior Management positions A.P. Möller Maersk Group Companies, A.P. Möller-Maersk A/S Biography:
Lone Fønss Schrøder started her career at A.P. Möller-Maersk A/S where she worked for more than 20 years and held several senior positions. In 2005, she became the President of Wallenius Lines, a leading provider of global factory-to-dealer transport solutions for, among others, the automotive industry. Fønss Schrøder has extensive experience across the automotive logistics industry and has extensive experience that spans industrial turnarounds, production, procurement and financing.
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Dr. Peter Zhang
Member of the Board of Directors
BiographyMember of the Board of Directors
Dr. Peter Zhang
Appointed to the Board: December 2010
Born: 1966
Birthplace: China
Achievements:
Dr Zhang played a crucial role in Geely's acquisition of Volvo Cars throughout the processCompanies worked for:
Design Institute, Concepto 2000 SA, Shell China, BP China, BP UK, Volvo Cars
Professional Experience:
2014 – present
Director of Chairman’s Office, Volvo Cars
2011 – 2014
Managing Director North Asia, G4S
2007 – 2010
Vice President, Geely Automobile Holdings, Ltd
2005 – 2007
Internal Control Advisor, Global Internal Control Evaluation Team, BP Group
2003 – 2005
Strategy Analyst, BP North Sea Strategy Team, Aberdeen, UK
2001 – 2003
China Economist/ Planning Manager, BP China Ltd
1996 – 2000
Retail Manager/JV General Manager, Shell (China), Ltd
1993 – 1996
Project Manager, Concepto 2000, SA
1987 – 1990
Assistant Engineer, Design Institute under the Ministry of Light Industry Biography:
Dr Peter Zhang joined Geely Automobile in February 2007 as Vice President, in charge of Internal Control and International Business. He played a vital role in Geely's acquisition of Volvo Cars throughout the deal process. Dr Zhang has a diverse background and experience working in a multicultural environment. He worked for major multinational companies for more than 10 years, with a variety of roles spanning from sales, business development, operational management, strategy and planning, and finance.
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Daniel Li
Member of the Board of Directors
BiographyMember of the Board of Directors
Daniel Li
Appointed to the Board: March 2012
Born: 1970
Birthplace: China
Achievements:
Served as CFO at Chinese machinery manufacturer LiugongCompanies worked for:
Danfoss Tianjin, ASIMCO Braking, Shenyang Jinbei Automotive, Brilliance Automotive, Cummins, Liugong Machinery, Manganese Bronze Holdings, Geely Automotive HoldingsConcurrent Director’s responsibilities:
Board member of Zhejiang Geely Holding Group
Professional Experience:
2011 – 2014 CFO and Vice President, Zhejiang Geely Holding Group Executive Director, Geely Automobile Holdings
Non-Executive Director, Manganese Bronze Holdings
2010 – 2011
CFO and Vice President, Liugong Machinery
2008 – 2009
Managing Director and General Manager, Cummins Generators China
2007 – 2008
Strategic Partnerships and Business Development Director, Cummins East Asia
2006 – 2007
Business Development Director Emerging Markets, Cummins
2003 – 2005
CFO and Senior Vice President, BMW Brilliance Automotive
Member of Executive Committee, Brilliance Group
2001– 2003
General Manager BMW Project Office, Brilliance Automotive
Member of Executive Committee, Brilliance Automotive
Vice President, Shenyang Jinbei Automotive
1999 – 2001
General Manager ASIMCO Braking System
Member of Management Council, ASIMCO Group
1997 – 1998
Deputy General Manager and Financial Controller, ASIMCO Braking System
1996 – 1997
Finance Manager, Danfoss Tianjin Biography:
Daniel Li has extensive experience within the automotive sector. In the late 1990s he was a member of management at ASIMCO Braking System, after which he moved to Chinese manufacturer Brilliance and was involved in the company's partnership with BMW. Between 2006 and 2009 he worked at US automotive conglomerate Cummins, developing the firm's emerging markets strategy in east Asia. He subsequently served as CFO at Chinese machinery manufacturer Liugong before joining Geely in 2011.
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Carl-Peter Forster
Member of the Board of Directors
BiographyMember of the Board of Directors
Carl-Peter Forster
Appointed to the Board: January 2013
Born: 1954
Birthplace: UK
Achievements:
In 2013, Mr Forster joined the boards of Geely Automotive Holdings and Volvo CarsCompanies worked for:
McKinsey & Company, BMW, General Motors, Tata MotorsConcurrent Director’s responsibilities:
Chairman of the Board ZMDi, FriedolaTech and Lead Equities AG. Board member of Geely Automobile Holdings, Gordon Murray Design Ltd, The Mobility House AG, Cosworth Group Holdings Ltd, IMI Plc and Rexam Plc.
Professional experience:
2011 – present Adviser to Geely Holding Group
2010 – 2011
Group CEO of Tata Motors
2006 – 2009
President and CEO of GM Europe, Group Vice President of General Motors
2004 – 2005
President and COO of GM Europe, Chairman of Opel & Saab Automobile
2001 – 2004
Managing Director at Opel, Vice President of GM Europe
1999 – 2000
Executive Board Member, BMW, head of worldwide manufacturing
1996 – 1999
Managing Director, BMW South Africa
1986 – 1996
Various positions at BMW
1982 – 1986
Management Consultant, McKinsey & Company, Munich, Germany
Biography:Carl-Peter Forster started his career at McKinsey & Company as a management consultant in 1982. After four years there, he joined BMW in Munich, where he became a member of the Executive Board in 1999 as head of global manufacturing. In 2001, he joined the European division of General Motors and became Managing Director of Opel and Vice President of GM Europe. In 2006 he became CEO and President of GM Europe and joined the parent company's Global Automotive Strategy Board. After leaving General Motors, he became Group CEO at Tata Motors, where he was responsible for the Jaguar and Land Rover brands. In 2013, he joined the boards of Geely Automotive Holdings and Volvo Cars.
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Tom Johnstone
Member of the Board of Directors
BiographyMember of the Board of Directors
Tom Johnstone
Appointed to the Board: January 2015
Born: 1955
Birthplace: UK
Achievements:
Served as President and CEO of SKF Group in Gothenburg, SwedenCompanies worked for: AB SKF
Concurrent Director’s responsibilities:
Board member of Investor AB and Husqvarna AB.
Professional experience:
38 years within the SKF Group. Positions held included: President and CEO of AB SKF, Executive Vice President of AB SKF and President of Automotive Division.
Biography:
Tom Johnstone left the SKF Group on 31 December 2014 and brings with him decades of industrial experience and understanding of the automotive industry.
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Betsy Atkins
Member of Board of Directors
BiographyMember of Board of Directors
Betsy Atkins
Appointed to the Board: January 2016
Born: 1953
Birthplace: USA
Achievements:
Betsy Atkins has been a leading entrepreneur building global technology companies in Internet Infrastructure, Big Data Analytics, I.O.T, Mobile Enablement, and Ecommerce.
Professional experience:
2012 – Present
Advisor, HIG, global private investment firm. 2010 – Present
CEO Baja Corp, corporate governance best practices consulting.
2010 – Present
Chairman, Advisory Board, SAP AG.
2009 – 2010
CEO Clear Standards, Inc., energy efficiency sustainability software company.
2003 – 2010
Chairman, BT Global Services Advisory Board.
2000 – 2008
CEO Baja Ventures.
1989 – 1999
Co-Founder, President Global Go-to-market, marketing professional services and Board member, Ascend.
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Glenn Bergström
Union Representative
BiographyUnion Representative
Glenn Bergström
Appointed to the Board: August 2010
Born: 1955
Birthplace: Sweden
Achievements:
Appointed to the Board in 2010
Professional experience:
1992 – Present
Full time Union representative
1974 – 1991
Different positions -
Marko Peltonen
Union Representative
BiographyUnion Representative
Marko Peltonen
Appointed to the Board: August 2010
Born: 1965
Birthplace: Finland
Achievements:
Appointed to the Board in 2010
Professional experience:
1996 – present
Full time Union representative
1989 – 1996
Machine operator, Volvo Cars Engine, Skövde
1984 – 1989
Machine operator, AB Volvo, Skövde -
Jörgen Olsson
Union Representative
BiographyUnion Representative
Jörgen Olsson
Appointed to the Board: March 2016
Born: 1968
Birthplace: Sweden
Achievements:
Appointed to the Board in 2016