New president of Volvo Penta

Currently, Ingemanson is president of Volvo Trucks’ International Division and he will assume his new position on April 1, 2012, when he will succeed the current President Göran Gummeson, who will retire next year.
Björn Ingemanson has a long history at the Volvo Group and his past positions include CFO of Volvo Trucks and European head of the Group’s customer financing company, Volvo Financial Services. Volvo Penta’s current president Göran Gummeson, who turns 65 in February, will stay president until March 31, 2012.
Following the reorganisation, Volvo Penta will remain a business area in the Volvo Group, with responsibility for development and sales of engines and drive systems for marine and industrial applications.