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AB Volvo (publ) (VLVLY)

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22.32-0.23 (-1.03%)
At close: 3:55PM EDT

AB Volvo (publ)

GropegArdsgatan 2
Gothenburg 417 15
Sweden
46 31 66 00 00
http://www.volvogroup.com

Sector(s)Industrials
IndustryFarm & Heavy Construction Machinery
Full-time employees80,784

Key executives

NameTitlePayExercisedYear born
Mr. Martin LundstedtCEO, Pres, Member of the Group Exec. Board & DirectorN/AN/A1967
Mr. Jan GuranderDeputy CEO & Member of the Group Exec. BoardN/AN/A1961
Mr. Jan YtterbergExec. VP of Volvo Group, CFO & Member of the Group Exec. BoardN/AN/A1961
Mr. Martin WeissburgExec. VP, Member of the Group Exec. Board & Pres of Mack TrucksN/AN/A1962
Mr. Joachim RosenbergExec. VP, Member of Group Exec. Board & Pres of Volvo EnergyN/AN/A1970
Ms. Kina WilekeExec. VP of Group Communication & Member of the Group Exec. BoardN/AN/A1974
Mr. Bruno BlinExec. VP, Member of Group Exec. Board & Pres of Renault TrucksN/AN/A1963
Ms. Sofia FrandbergEVP of Group Legal & Compliance, Gen. Counsel, Sec. and Member of the Group Exec. BoardN/AN/A1964
Mr. Scott RafkinExec. VP, Chief Digital Officer & Member of Exec. BoardN/AN/A1969
Mr. Roger AlmExec. VP, Member of Group Exec. Board & Pres of Volvo TrucksN/AN/A1962
Amounts are as of , and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, North America, South America, Asia, Africa, and Oceania. The company offers trucks for long-haulage, construction, mining, and distribution purposes under the Volvo, UD Trucks, Renault Trucks, Mack, Eicher, and Dongfeng Trucks brands; and city and intercity buses, coaches, and bus chassis, as well as associated transport systems under the Prevost and Nova Bus brands. It also provides construction equipment, including excavators, articulated and rigid haulers, wheel loaders, road construction machines, pavers, and compactors under the brand names of Volvo, SDLG, and Terex Trucks. In addition, the company offers engines and power solutions for leisure and commercial boats, as well as for power generation, industrial, and off-road applications under the Volvo Penta brand name. Further, it provides financing, insurance, rental, spare parts, repair, preventive maintenance, service agreement, and assistance services. The company offers its products and services through a network of dealerships and workshops. It has a strategic alliance with Isuzu Motors within commercial vehicles; a partnership with Samsung SDI Co to develop battery packs for its trucks; and an agreement with NVIDIA to develop commercial vehicles and machines. AB Volvo (publ) was incorporated in 1915 and is headquartered in Gothenburg, Sweden.

Corporate governance

AB Volvo (publ)’s ISS governance QualityScore as of 26 September 2021 is 4. The pillar scores are Audit: 3; Board: 1; Shareholder rights: 8; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.