January 7, 2022
1 min read

Volvo Cars ropes in Jim Rowan as new CEO

Rowan succeeds Hakan Samuelsson, who first joined Volvo Cars as a member of the board in 2010 and has held the role of CEO and President since October 2012….reports Asian Lite News

Volvo Cars has announced that Jim Rowan will join the company as the Chief Executive Officer (CEO) and President on March 21.

Rowan succeeds Hakan Samuelsson, who first joined Volvo Cars as a member of the board in 2010 and has held the role of CEO and President since October 2012.

“I am very pleased to welcome Jim Rowan as the new CEO of Volvo Cars,” Eric Li, Chairperson of the Board of Volvo Cars, said in a statement.

“Volvo Cars is going through a rapid transformation of digitalisation which is why we wanted to bring in someone with global CEO experience from outside the automotive industry,” Li added.

Jim brings with him over three decades of global experience in the consumer and technology sectors, delivering strong growth and profitability through transformation strategies and customer engagement.

He has also worked extensively with digitalisation, disruption, innovation, engineering and supply chains, which will be “valuable” for the future of Volvo Cars to realise its strategic ambitions.

Rowan has worked with Ember as an investor, Board member and CEO since February 2021. He served as CEO of the Dyson Group between 2017-2020 and as COO from 2012-2017. Prior to Dyson, he was the COO of BlackBerry.

ALSO READ: Google Cloud teams up with CryptoWire

Previous Story

Toyota dethrones GM in the US

Next Story

Pakistan National Security Advisor due in Kabul

Latest from Business

Canada to lift counter-tariffs on US goods

Canadian Prime Minister Mark Carney has announced that Ottawa will remove its counter-tariffs on US goods covered under the Canada-US-Mexico Agreement (CUSMA), beginning 1 September. The move marks a partial easing of

PM Modi: India poised to lead next tech wave

PM Modi underscored that the country is poised to lead the next wave of digital transformation in 5G…reports Asian Lite News Prime Minister Narendra Modi on Wednesday hailed India’s progress in expanding

India Hits 100GW Solar

The expansion is not only in scale but also in quality, with significant capacity dedicated to high-efficiency modules. Many manufacturers have adopted vertically integrated operations, enhancing quality, reducing costs, and improving resilience

Jewellery Exports Shine Bright

The GJEPC noted that product diversification has played a major role in sustaining momentum. Lightweight and contemporary designs are gaining traction among younger global consumers, helping Indian jewellers appeal to a wider
Go toTop