|Date of issue||Feb 23, 2011 | ID: 37036|
Volvo Car Corporation appoints new Head of Research & Development and new Head of Global Marketing
Peter Mertens will take on the role as Senior Vice President, Research & Development and Richard Monturo assumes the role as Vice President, Global Marketing at Volvo Car Corporation's headquarters in Gothenburg.
Peter Mertens has over 20 years of experience from the automotive industry. He recently served as head of Quality at Jaguar/Land Rover/Rangerover and Head of Corporate Quality at Tata Motors India and he has held several high ranking positions within Daimler Chrysler AG and General Motors.
"Peter Mertens will play an important role for Volvo Car Corporation and he will lead the next stage of the development of the future products. I am happy to welcome a very experienced person like Peter", says Stefan Jacoby, President and CEO of Volvo Car Corporation.
"Volvo Car Corporation is facing an exciting future and I am very honoured by being given the opportunity to be part of it and help shape the future and the new products", says Peter Mertens.
Richard Monturo, recently Executive Director at the Miami based advertising agency La Comunidad, is appointed Vice President, Global Marketing. Richard Monturo has spent the last couple of months at Volvo Car Corporation's headquarters in Gothenburg to support the development of the global brand strategy.
"Richard has the expertise and the necessary experience to sharpen the Volvo brand and secure a consistent execution globally while understanding local market needs", says Stefan Jacoby.
Richard Monturo has an extensive experience of marketing and brand development and has actively participated in important brands as Absolut, Nissan, Mercedes-Benz, Michelin, McDonald's and Volkswagen.
"I am very delighted to be part of the Volvo team during these exciting times", says Richard Monturo. "The Volvo brand is built on a great foundation over many years and we will carefully develop it for a clear and well understood position in our markets around the world", he concludes.
Peter Mertens and Richard Monturo will assume their new roles on April 1, 2011.
Paul Welander, currently Acting Head of Research & Development, will take up the position as Senior Vice President, Quality & Customer Satisfaction, also on April 1, 2011.
As previously announced, Jan Gurander will take on the position as Senior Vice President and Chief Financial Officer at Volvo Car Corporation on April 1, 2011. Jan Gurander is currently CFO at MAN Diesel SE.
For further questions please contact Senior Vice President, Public Affairs, Olle Axelson, Volvo Car Corporation at +46-31-592600
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Volvo Car Group
SE-405 31 Göteborg
Phone: +46 31 59 65 25
Fax: +46 31 54 40 64
Descriptions and facts in this press material relate to Volvo Car Group's international car range. Described features might be optional. Vehicle specifications may vary from one country to another and may be altered without prior notification.