Press release

Kerstin Renard new SVP Human Resources at Volvo

2007-04-18

Volvo Group

Kerstin Renard has been appointed Senior Vice President Human Resources for the Volvo Group. Kerstin Renard will assume her new position on September 1, succeeding the current SVP Human Resources Kjell Svenson, who is retiring.

Kerstin Renard, 46, is currently HR manager at Volvo Powertrain, where she has worked since 2005. She has many years of experience within HR and has previously worked at Wilson Logistics, Flexlink and Volvo Cars, among other assignments.

Kerstin Renard will report to Stefan Johnsson, who has overall responsibility within Volvo’s Group Executive Committee for personnel matters.

April 18, 2007

For further information, please contact Mårten Wikforss, +46 31 66 11 27 or +46 705 59 11 49

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