Hans-Olov Olsson is to retire from Ford and from Volvo Car Corporation as chairman of the Board of Directors of Volvo Cars, effective 1 January 2007.

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Lewis Booth will succeed Mr Olsson as chair of the Volvo Cars board. Mr Booth, 58, continues in his role as Executive Vice President, Ford of Europe and Premier Automotive Group.


Mr Olsson, 64, was non-executive Chairman, Volvo Cars, as well as serving as Ford Motor Company’s Chief Marketing Officer for the past year, with responsibility for developing corporate marketing strategy in support of all of the company’s brands. A successor in the marketing position is not being announced at this time.


Formerly, Mr. Olsson was Chairman of the Board of Volvo Cars. Prior to that, he was Chief Executive Officer and President of Volvo Cars. He was born in Amal, Sweden and received his MBA at the University of Gothenburg in 1966. In 1973, Mr. Olsson studied International Senior Management at Harvard University in Vevey, Switzerland.

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