Volvo shuffles executive ranks

Volvo Annwall Valera Deputy CEOs.jpg — Bjorn Annwall, left, will become Volvo's deputy CEO and chief commercial officer, while Javier Varela will become deputy CEO and chief operating officer.

June 17, 2022 12:42 PM

Volvo CEO Jim Rowan has made sweeping changes to his leadership team, naming two deputy CEOs and moving four of the 11 executives off the automaker's highest management tier, as Volvo gears up to become an electric-only brand by 2030.

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