Håkan Samuelsson sat on the Volvo Cars Board of Directors from 2010 and was CEO between 2012 to 2022. After that he was chairman of Polestar until 2024.
“When the industry enters an even more complex phase, we believe that his experience and firm hand is what is needed to strengthen Volvo Cars global position and free up potential to the next level,” says Chairman Eric Li in the press release.
Jim Rowan, who has been CEO since 2022, will resign on Monday and then also leave Volvo Cars board.