Volvo names Jim Rowan as new CEO

Volvo has announced that Jim Rowan will replace Håkan Samuelsson as CEO and president on 21 March.

Rowan is currently CEO of Ember Technologies, and was previously CEO of the Dyson Group.

Rowan brings with him more than 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.

Eric Li, Chairperson of the Board of Volvo, said: “I am very pleased to welcome Jim Rowan as the new CEO of Volvo Cars. Volvo Cars is going through a rapid transformation of digitalisation, 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.”

Rowan said: “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.”