Business
Change of Volvo Cars Chairman
Change of Volvo Cars Chairman.
About this update from Fdm Group (holdings) Plc
[{"type":"text","content":"\n Ford Motor Co\n30 November 2006\n\nContact; Tom Hoyt\n 313.322.1524\n [email protected]\n\n\nHANS-OLOV OLSSON TO RETIRE FROM FORD; \nLEWIS BOOTH NAMED CHAIRMAN OF VOLVO CARS \n \n \n \nDEARBORN, Mich., Nov. 30 - Ford Motor Company (NYSE: F) announced today that\nHans-Olov Olsson will retire from the company effective Jan. 1, 2007.\nSimultaneously, the Board of Directors of Volvo Cars elected Lewis Booth\nChairman of the Board succeeding Mr. Olsson. Mr. Booth, 58, continues in his\nrole as Executive Vice President, Ford of Europe and Premier Automotive Group. \n\nMr. Olsson, 64, was non-executive Chairman, Volvo Cars, as well as serving as\nFord Motor Company's Chief Marketing Officer for the past year, with\nresponsibility for developing corporate marketing strategy in support of all of\nthe company's brands. A successor in the Marketing position is not being\nannounced at this time. \n\nFormerly, Mr. Olsson was Chairman of the Board of Volvo Cars. Prior to that, he\nwas Chief Executive Officer and President of Volvo Cars. He was born in Amal,\nSweden and received his MBA at the University of Gothenburg in 1966. In 1973,\nMr. Olsson studied International Senior Management at Harvard University in\nVevey, Switzerland. \n\nMr. Olsson began his career as a systems engineer responsible for production,\ncontrol, logistics and procurement for Volvo Cars and Trucks in 1966. He went on\nto hold a series of Volvo management positions in markets all over the world,\nincluding the U.S., Japan and Europe. \n\n'Hans-Olov's knowledge of the business and his record of success stand as a\ntestament to his outstanding career,' said Alan Mulally, president and CEO, Ford\nMotor Company. 'We wish Hans-Olov and his family all the best as he moves to\nthis new chapter in his life.' \n\nFord Motor Company, a global automotive industry leader based in Dearborn,\nMich., manufactures and distributes automobiles in 200 markets across six\ncontinents. With about 300,000 employees and more than 100 plants worldwide, the\ncompany's core and affiliated automotive brands include Aston Martin, Ford,\nJaguar, Land Rover, Lincoln, Mazda, Mercury and Volvo. Its automotive-related\nservices include Ford Motor Credit Company. For more information regarding\nFord's products, please visit www.fordvehicles.com. \n \n \n\n This information is provided by RNS\n The compa...