Volvo CE's new CEO

Swedish-based Volvo Construction Equipment has appointed Pat Olney as its new president and CEO, effective from 1 May.
February 17, 2012 Read time: 1 min
Swedish-based Volvo Construction Equipment has appointed Pat Olney as its new president and CEO, effective from 1 May. This development follows the recent appointment of the firm's previous president, Olof Persson, to become CEO of parent AB Volvo. Olney has worked for 17 years in the construction equipment industry, with 10 of these in senior management roles within 359 Volvo CE. In the 2001 - 2004 he was the CFO of Volvo CE, and was then appointed president of Volvo Motor Graders, a position he held until becoming president of Volvo Road Machinery in 2007. Since 2009 he has been executive vice president and head of operations at Volvo CE. This position includes all global manufacturing as well as global purchasing.
Finance & Funding

Related Content

April 24, 2015

The Volvo Group is appointing a new CEO

The Volvo Group has removed Olof Persson from the role of president and CEO of the company. This move came following pressure from certain shareholders due to the group’s weak financial performance in recent years. Instead the Volvo group plans to appoint Scania’s head Martin Lundstedt to the role. Lundstedt will take the post in October 2015, with the Volvo Group’s chief financial officer, Jan Gurander, standing in as temporary president and CEO.
March 2, 2012

Volvo invests

A huge investment in its manufacturing operations is being made by Volvo Construction Equipment and the firm is also seeing the head of the division become CEO of the entire group.
October 21, 2013

Pat Olney to leave Volvo Construction Equipment at end of 2013

Volvo Construction Equipment president Pat Olney is to leave the global construction equipment manufacturing giant at the end of 2013. The 44-year-old joined Volvo CE in 1996 and has held a number of top management positions in finance, operations and general management, before becoming Volvo CE president in May 2011. He is to take a post at what a Volvo CE spokesperson said was a ‘non-competing, large engineering company based in the U.S.’
boombox1

Highlighted Content

boombox2