Thursday, January 30, 2014

Olof Persson: Volvo Chief

Olof Persson was born in 1964 earned a Bachelor’s degree in Business Administration from Karlstad University. He joined Volvo in 2006 as President of the Volvo Aero Group and served until 2008. With his management skills he moved to another unit and was President of Volvo Construction from 2008 to 2011. Good leadership talent is easily noticed and for Persson this led to a promotion to the top spot as President of AB Volvo and Chief Executive Officer of the Volvo Group in 2011.

The Volvo Group is one of the world’s leading manufacturers of trucks, buses, construction equipment and marine and industrial engines. The group also provides complete solutions for financing and service. The firm has around 115,000 employees with production facilities in 19 countries. It sells its products in more than 190 markets. The Volvo Group a publicly traded company. Its headquarters is in Götenborg, Sweden.  Company shares are listed on OMX Nordic Exchange. The Volvo Group’s revenue for 2012 totaled around SEK 304 billion.

Persson heads a very large organization and leading a firm this size requires leadership and management skills at the elite level. 

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