Volvo Cars CEO Håkan Samuelsson
Photo: Christine Olsson/TT

Volvo Cars CEO Håkan Samuelsson to step down this spring

He will leave this spring. His contract will expire then. Volvo Cars CEO Håkan Samuelsson announced this at a strategy day in Stockholm.

He made a somewhat unexpected comeback as CEO in the spring of 2025 when the board was not satisfied with his predecessor.

But the contract was only for two years, and it will not be extended, he says now. He is 75 years old.

"I have expected to stay until the contract expires in April," he tells TT.

First, a new CEO must be found. And Samuelsson expects his successor to be appointed in the near future, before the end of the year.

In this story
AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
Was this useful?

What do you think?

Keep readingmore from Cars

All