Jim Rowan appointed CEO and President of Volvo Cars
Volvo Cars announced earlier today that Jim Rowan will join the company on March 21st, 2022 as CEO & President.
Rowan will be leaving his current post as CEO of Ember Technologies to take up the position with Volvo and succeeds Håkan Samuelsson who has held the role since 2012.
Rowan brings with him over three decades of global experience in the consumer and technology sectors, delivering strong growth and profitability through transformation strategies and customer engagement. He has also worked extensively with digitalisation, disruption, innovation, engineering and supply chains, which will be valuable for the future of Volvo Cars to realise its strategic ambitions, which include being fully-electric by 2030.
"I am delighted to join Volvo Cars at such an exciting time for the company and at such a transformational time for both the industry and consumers. The strong track record of Volvo Cars across innovation, safety and quality, coupled with world-class talent and inspiring sustainability and technology capabilities, places it in the driver's seat for the road ahead," said Jim Rowan.
The appointment comes at a strategic time for Volvo as the company has recently completed a $2.9 billion IPO, which CNBC reported was because of the shift to electric cars. In March 2021, Volvo Cars announced it would become a “fully-electric car company by 2030" and the firm’s chief technology officer Henrik Green is quoted as saying at the time: “There is no longterm future for cars with an internal combustion engine.”
Exciting times ahead for the Swedish/Chinese-owned brand. Rest-assured we'll bring you all the details as they emerge.
Image of Jim Rowan, courtesy of Volvo Cars.