Departing Volvo CEO has recommendation, dinner provide

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Volvo Automobiles CEO Hakan Samuelsson has some recommendation for his successor, Jim Rowan, who takes over Monday, March 21.

“Volvo must make the most of this one-time alternative throughout the present transformation of the trade to actually upscale the model,” Samuelsson advised Automotive Information Europe.

Volvo is investing closely to develop into an electric-only model by 2030. A part of that push was the 94-year-old firm’s entry onto the Nasdaq Stockholm in October, a transfer that generated $2.three billion to assist fund Volvo’s shift away from inside combustion engines.

Rowan was Dyson’s CEO between 2017 and 2020 when the British tech firm was growing an electrical car, an thought it later dropped. The 56-year-old Scottish government joins Volvo from U.S-based client electronics model Ember Applied sciences, the place he’s CEO.

“He has the expertise and he has a robust crew right here and a transparent technique, however he ought to be in cost and comply with his personal will, as I’ve accomplished,” Samuelsson stated.

The departing CEO, who held the job for almost a decade in an period when his predecessors lasted about three years, stated that Rowan — who Samuelsson has solely met briefly a few instances — is welcome to faucet into his information sooner or later.

“If he, every now and then, wish to have dinner with me,” Samuelsson stated, “I might gladly try this and see if he has one thing he needs to listen to my opinion about.”

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