9 replies to this topic

[Che'_Moderator]

New extended management team and head of China Operations appointed


President & CEO Stefan Jacoby announced on Tuesday a new top management for Volvo Car Corporation. The previous structure with an operative head of the company's industrial operations has been eliminated. The SVPs for Product Development, Manufacturing, Purchasing and Quality will now report directly to the CEO. In addition, the head of Special Vehicles will also report directly to the CEO.

Freeman Shen has been appointed Senior Vice President for Volvo Cars' China operations, which includes full responsibility for both the industrial and the commercial part of the business. Intensive work is currently underway to be able to announce shortly the future direction for Volvo China and coming investments in the important Chinese market.

"We are currently in a very important and exciting period for Volvo Cars," said Stefan Jacoby, President & CEO Volvo Car Corporation.
"It's essential to extend the executive management team in order to speed up the decision making process and to make well-founded business decisions. This will ensure that everyone is focused on the key issues and it will increase necessary transparency," added Jacoby.

Freeman Shen is a Zhejiang Geely executive who has acted as a close advisor to Mr. Li Shufu, the Chairman of Volvo Car Corporation. As a former CEO of Fiat Powertrain Technologies China during 2007-2009, Freeman Shen joined Geely in December 2009 as Vice President for the company's overseas business. Freeman Shen obtained Master's degrees in engineering and business administration from U.S. universities and began his professional career in the U.S. working for companies such as BorgWarner Inc.

The previous Chief Operating Officer, Steven Armstrong, will return to Ford of Europe, based in Cologne.

All changes communicated above are effective as of 5 October 2010.

[kingbarley]

Christ...is this the end for fun volvos?

[Fudge_Brownie]

kingbarley, on 05 October 2010 - 10:29 PM, said:

Christ...is this the end for fun volvos?

Why would it be? Because they restructured the management? The SVP of special vehicles reporting directly to the CEO *could* mean that he will have more freedom to come up with interesting vehicles. Setting aside my lack of business management experience, I just don't see how this news really impacts the end of 'fun' in Volvos. Fuck, where was the fun in Volvo's in this year's model line up anyway?

[Zappo]

If you have seen the new S60 commercials, I would say the company is going in the right direction again.

[Che'_Moderator]

Zappo, on 07 October 2010 - 06:27 PM, said:

If you have seen the new S60 commercials, I would say the company is going in the right direction again.

300hp 2wd mid size =

[kentwayne]

Well i haven't seen the new Volvo s60 commercial yet.would see sure.

[ozzimark]

Che, on 07 October 2010 - 06:36 PM, said:

300hp 2wd mid size =

A 400hp AWD mid-size would be

[Kevin.]

Has Volvo been considering bringing back the actual R-line rather than the R-design that's all show and no go?

[ozzimark]

KeVTRoN, on 20 October 2010 - 06:42 PM, said:

Has Volvo been considering bringing back the actual R-line rather than the R-design that's all show and no go?

The new S60 T6 AWD has the same power as the old S60R, so they sorta did without calling it out as such

[Kevin.]

Good point Mark.

I wouldn't be surprised if the R-line came back in a few years, or something of the like. The "R-Design" isnt really cutting it for me

A great first step would be to bring the Polestar C30 over here