Volvo AB Names Jan Ytterberg CFO - Quick Facts

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(RTTNews.com) - Volvo AB (VOLVY.PK) announced it has appointed Jan Ytterberg as CFO and will become a new member of the Volvo Group Executive Board. Jan Ytterberg currently serves as the CFO of Swedish company Husqvarna Group. The company said the date on which Jan Ytterberg will take up his new position is yet to be decided.

The current Deputy CEO and CFO Jan Gurander will continue his work as Deputy CEO. Volvo said Jan Gurander will assume responsibility for a number of the Group's key challenges and strategic issues.

The company also announced that current Executive Vice President Group Human Resources Kerstin Renard will step down from her role at the end of the year. The process of recruiting her successor has been initiated.

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