Volvo Penta president takes new role

Ron Huibers is stepping down after serving seven years as president at off-highway engines maker Volvo Penta Americas.
Ancillary Equipment / October 31, 2019
Ron Huibers is stepping down as president of Volvo Penta

Huibers, who has worked at the Volvo Group for 26 years, is moving to another role within Volvo Penta. He will be succeeded as president by Martin Bjuve, currently CFO and SVP business office Volvo Penta. The planned transition date will be January 1, 2020.

Huibers said of his decision to step down as president: “I am thankful to have worked with great leaders and teams and establish stronger partnerships. However, as we have planned, I want to spend more time with my family that has been difficult to balance given the travel demands of being president. The time is right to hand over the baton as the Americas continues into the next stage of its journey."

Bjorn Ingemanson, president and CEO Volvo Penta, commented: "With 26 years of distinguished leadership across Volvo Group at Volvo Penta, Volvo and Mack Trucks, Volvo Finance and Volvo Construction Equipment, Ron’s skills and experience developing business, teams and partnerships have paid dividends to the company and stakeholders."

Newly appointed Volvo Penta president Martin Bjuve

Martin Bjuve has been with Volvo Penta for 17 years and is a member of the Volvo Penta Executive Group. As SVP & CFO, his responsibilities have included the overall strategy development, as well as process and IT. Martin has developed a broad commercial and customer experience in Volvo Penta.

Prior to being appointed global CFO, Martin was based in Chesapeake Virginia for 5 years. First as CFO for Volvo Penta of the Americas, and later also as VP of customer support. Earlier roles include CFO Region Europe as well as responsible for sales of spare parts and accessories, and dealer development in the Nordic countries.

The recruitment of a new CFO and SVP, business office Volvo Penta is under way and will be announced at a later stage.

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