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Persson Out, Scania’s Lundstedt in as Volvo Group’s Chief

Persson Out, Scania’s Lundstedt in as Volvo Group’s Chief

AB Volvo’s board of directors has named a Scania executive, Martin Lundstedt, as the president and chief executive officer of the Volvo Group, replacing Olof Persson, who has led the group for almost four years but is out immediately. Volvo Group is the corporate parent of Volvo Trucks and Mack Trucks in North America.

April 22, 2015