Volvo Financial Appoints North American President

Volvo Financial Services named Patrick Shannon president of its North America region, heading up business operations and financial performance in the U.S., Canada, and Mexico.

Shannon has more than 30 years of experience in business operations and financial services, with both VFS and the Volvo Group, in various senior leadership roles in sales, wholesale operations, and risk management. He joined Volvo Construction Equipment in North America as vice president and chief financial officer in 2009 and returned to VFS in 2012, first as vice president, then senior vice president of strategy and business development. His most recent role was as senior vice president of risk and chief credit officer for VFS.

“Shannon will be responsible for developing and maintaining relationships with Volvo Trucks’ customers and dealers, our Volvo Group business areas and partners in the region,” said Marcio Pedroso, president of Volvo Financial Services.

He holds a bachelor’s degree in business administration from Saint John’s University in Minnesota, and an MBA from Wake Forest University in North Carolina.