Zhejiang Geely-owned Volvo Car Corporation President and CEO Stefan Jacoby has “temporarily” suspended work for the next month due to illness. He suffered a mild stroke last week and was quickly placed under medical supervision but has already started the recovery process.

“I was lucky that it was a mild stroke,” said Jacoby in a statement. “I am currently experiencing limited movement abilities in my right arm and, to some extent, also in my right leg. I have started to recuperate and already notice certain improvements. Now I will focus on resting and exercising, in order to get back to work as soon as possible.”

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VCC CFO Jan Gurander will serve as acting CEO.

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