VOLVO GROUP LOSES KEY EXECUTIVE – ROSENBERG ANNOUNCES RESIGNATION

After many years of service Joachim Rosenberg has announced that he has resigned from his role as member of the Volvo Group executive board, as executive vice president of strategic initiatives and as president of Volvo Energy.

In a statement from Volvo it announced that Rosenberg’s managerial assignments within the Group will now be distributed to other members of the Volvo Group executive board.

Rosenberg has been with the Volvo Group for two decades and has served as member of the Volvo Group executive board for 13 years.

The likeable Swede filled many roles over the years, including  running the Group’s then Japanese subsidiary, UD Trucks in Japan, when the Swedish truck giant first purchased the brand.

Rosenberg  was a many times visitor to Australia in his role as a Volvo executive.

“Joachim has in his different leadership roles played a vital part to the positive growth and profitability development of the Group and I greatly appreciate his important contributions throughout the years,” said Volvo Group president and CEO,  Martin Lundstedt.

Rosenberg’s resignation was effective immediately.