Volvo Car Corporation has appointed Mikael Ohlsson, former president and chief executive of Ikea Group, to its board of directors.
Ohlsson will replace Håkan Samuelsson, who left the board last year but remains president and chief executive of Volvo Car Group.
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In a company statement, Volvo Cars said Ohlsson’s "deep knowledge of customer-focused retail operations" from 20 years at a senior level in Ikea would add to its board.
Volvo has made several corporate shifts in 2013, including the appointment of Hans Oscarsson as chief financial officer of the Car Group, its vow to break even by the end of the year and adding BNP Paribas to its ‘core relationship banking group’.
richard.brown@timetric.com
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