Olney to leave Volvo

Oct. 23, 2013 – Goderich, Ont., native Pat Olney, currently president of Volvo Construction Equipment has decided to leave his position to take up a
new challenge at TRW Automotive. Pat Olney will remain in his present position until year end.

Olney, aged 44, joined Volvo CE in 1996 and has held a number of top
management positions in finance, operations and general management
before he became the president of Volvo CE in May 2011.

"I have had a long and rewarding career with Volvo, and for that I will
always be grateful. As such, this was not an easy decision. I have had
the ambition to relocate at some point to North America and this
opportunity was simply too good to pass up," Olney said.

"Pat has done an excellent job during his career with Volvo I regret
that he has decided to leave Volvo. At the same time I fully understand
and respect his desire to move to North America for professional and
personal reasons", says Olof Persson, president and CEO of the Volvo
Group.

The search for Olney's replacement has begun. 

[Editor's note: This story has been updated since its initial posting on Oct. 23, 2013.]

Related links

volvoce.com