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http://news1.equities.com/2013/03/14/1168360.html

Volvo Group appoints new executive vice president

Comtex News Network

Mar 14, 2013 (Datamonitor via COMTEX) --The Volvo Group, a manufacturer of commercial vehicles, has appointed Niklas Gustavsson as the new executive vice president public & environmental affairs and member of the Volvo Group executive team.

Mr Gustavsson will assume his duties on April 1, 2013 and will succeed Jan-Eric Sundgren, who was appointed Senior Expert Adviser to the CEO and senior management.

Niklas Gustavsson has worked within the Volvo Group since 2008 as Head of Public & Environmental Affairs. He has many years' experience in the automotive industry, including responsibility for environmental and social issues within the Volvo Car Group and heading several environment-related automotive projects.

Jan-Eric Sundgren will start as Senior Expert Adviser on April 1, 2013, and will thus step down from the Volvo Group Executive Team. He will represent the Volvo Group in several external workgroups and boards, and will also assist the CEO and senior management on issues pertaining to the environment, technology, policies, research and education.

Both Niklas Gustavsson and Jan-Eric Sundgren will report to Volvo's President and CEO, Olof Persson

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