A question for the community: Volvo has just brought back its old CEO. What advice would you give him?
Some articles from yesterday:
Volvo Cars's Chief Executive Officer, Jim Rowan, will step down today. The company’s board of directors voted to replace him after three years at the helm of the Swedish automaker. Rowan, who was also the automaker's President, will be replaced by Håkan Samuelsson, who will serve a two-year term starting tomorrow.
- <https://insideevs.com/news/755067/volvo-ceo-rowan-steps-down/>
Samuelsson, who led the Swedish automaker for a decade from 2012 to 2022, helped to revitalise the Volvo brand and oversaw the company's initial public offering in 2021 on the Stockholm Stock Exchange.
- https://www.reuters.com/business/autos-transportation/volvo-goes-back-car-industry-basics-with-surprise-ceo-switch-2025-03-31/
Outgoing CEO Jim Rowan... joined in 2022 from Dyson without any car industry experience.
Rowan was an unconventional choice with a three-decade career in the consumer and technology sectors. But at the time, the automaker said Rowan's experience of digitalisation, disruption, innovation, engineering and supply chains would be valuable.
- https://finance.yahoo.com/news/volvo-goes-back-car-industry-163302812.html
Volvo Cars (VOLCARb.ST), majority-owned by China's Geely (Reuters), [has had its] share price [drop] almost 70 per cent since it was first listed in 2021. Things are about to get even more tricky for the car industry too, with US tariffs on imported cars and parts coming into play. Thanks to its Geely ownership, Volvo will also be affected by the US decision to ban Chinese tech in cars on its roads. (TopGear).