Jim Rowan will join Volvo Cars on March 21, 2022, as CEO & President. At present, Jim is the CEO and Board member of Ember Technologies, and previously Group CEO of the Dyson Group. He replaces Håkan Samuelsson, who first joined Volvo Cars as a member of the Board in 2010 and has held the position as CEO & President since October 2012. This change follows an accurate and diligent search process to ensure the continued strong leadership of Volvo Cars with a CEO who has a strong background within software digital transformation and innovative consumer products, and the timing is in line with the previously communicated extension of Samuelsson’s contract that expires in 2022.
“I am very pleased to welcome Jim Rowan as the new CEO of Volvo Cars. Volvo Cars is going through a rapid transformation of digitalization which is why we wanted to bring in someone with global CEO experience from outside the automotive industry. Jim is the right person to accelerate Volvo Cars into the future – enabling it to become the fastest transformer in its field and a fully electric company with millions of direct consumer relationships,” said Eric Li, Chairperson of the Board of Volvo Cars.
“I would like to take this opportunity to sincerely thank Håkan Samuelsson for his commitment and determination over the past ten years at Volvo Cars. Håkan has, together with his management team, created a renewed and strong product line, re-established Volvo as a premium brand that is well placed for the future, and enabled the successful listing of Volvo Cars,” continued Mr Li.
“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,” Jim Rowan said.
“I am pleased to welcome Jim to his new role to continue the great journey Volvo Cars is on. I would also like to extend my thanks to all Volvo Cars employees for the incredible progress we have made together in the past 10 years – for not only making Volvo one of the fastest growing and most trusted premium automotive brands, but for always innovating and leading with purpose. I wish you all the best for the exciting years to come,” said Håkan Samuelsson.
Håkan Samuelsson will remain in his role until Jim Rowan begins in March, which is when Håkan also leaves the Volvo Car AB board. Håkan will continue as the Chairperson of Polestar Automotive Holding UK Limited (“Polestar”).
Volvo Cars is a Patron Member of the Swedish Chamber of Commerce for the Netherlands.
Photo: © Volvo Car Group, Corporate Communications, SE-405 31 Gothenburg
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