The deputy boss of the automobile manufacturer Volvo Cars, Björn Annwall (49), is leaving the company. The management level will be reorganized, explained CEO Jim Rowan (59) on Wednesday.
Arek Nowinski will be President for International Markets and in future the European business areas, USA and Canada and lead a few more. He is also responsible for the global import business, volume planning and global offerings. According to the announcement, head of marketing Gretchen Saegh-Fleming will be in charge of customer experience and marketing in the future. Oscar Bertilsson Olsborg will be head of global sales. Head of product and strategy Erik Severinson will also lead the areas of program management, sustainability, digitalization, quality and the energy business.
“We are rebuilding our commercial leadership team with the goal of making Volvo even stronger with greater speed and efficiency.” The industry is battling headwinds from geopolitical and macroeconomic uncertainties, rapid technological changes and supply chains, the automaker said in a statement belongs to the Chinese company Geely. The changes are scheduled to be implemented on November 1st.
Former McKinsey partner Annwall was most recently global head of sales and vice CEO at Volvo Cars. Previously, he was responsible, among other things, for the finance department. CEO Rowan thanked him “for his enormous contribution,” particularly in the successful IPO, transition to electrification and expansion into new markets.