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AB Volvo (publ) (VOLV-B.ST)


Stockholm - Stockholm Real-time price. Currency in SEK
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141.60+1.70 (+1.22%)
At close: 5:29PM CEST

AB Volvo (publ)

Gropegårdsgatan 2
Gothenburg 417 15
Sweden

http://www.volvogroup.com

SectorConsumer Goods
IndustryTrucks & Other Vehicles
Full-time employees85,453

Key executives

NameTitlePayExercisedAge
Mr. Martin Lundstedt M.Sc.CEO, Pres, Member of the Group Exec. Board & DirectorN/AN/A50
Mr. Jan GuranderDeputy Chief Exec. Officer, Chief Financial Officer and Member of the Group Exec. BoardN/AN/A56
Ms. Kerstin RenardExec. VP of Group HR and Member of the Group Exec. BoardN/AN/A56
Mr. Claes NilssonExec. VP, Member of the Group Exec. Board and Pres of Volvo TrucksN/AN/A60
Mr. Dennis R. SlagleExec. VP, Member of the Group Exec. Board and Pres of Mack TrucksN/AN/A63
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 SEK.

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, and internationally. The company offers trucks for long-haulage, construction, and distribution purposes under the Volvo, UD, Renault Trucks, Mack, Eicher, and Dongfeng Trucks brands; and city and intercity buses, coaches, and bus chassis under the Volvo, Prevost, Nova Bus, UD Bus, and Sunwin brands. It also provides equipment used at construction sites, including pavers, compactors, excavators, wheel loaders, and articulated and rigid dump trucks under the brand names of Volvo, SDLG, and Terex Trucks. In addition, the company offers diesel engines for leisure boats; marine propulsion systems; drive systems and engines for propulsion and auxiliary equipment, and marine generator sets; and industrial engines for use in container terminals, mines, and other industrial applications under the Volvo Penta brand name. Further, it provides financial solutions, such as customer financing and leasing, dealer financing, and insurance; rental, preventive maintenance, assistance, and IT services; spare parts; and transport information systems. The company offers its products and services through a network of dealerships and workshops. AB Volvo (publ) was founded in 1915 and is headquartered in Gothenburg, Sweden.

Corporate governance

AB Volvo (publ)’s ISS governance QualityScore as of 1 July 2017 is 9. The pillar scores are Audit: 1; Board: 6; Shareholder rights: 9; Compensation: 5.

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.