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Weissburg To Succeed Olney At Volvo CE

Posted on November 18, 2013

Martin Weissburg, 51, has been appointed as the new president of Volvo Construction Equipment (Volvo CE). Weissburg is currently president of the Volvo Group’s customer finance company, Volvo Financial Services, VFS, and a member of the group executive team. He will assume his new position on January 1, 2014, replacing Pat Olney. In October, Olney announced he was leaving Volvo to become chief operating officer of TRW Automotive, also, on January 1, 2014.

Weissburg has been the president of VFS since 2010, and prior to that he served as president of Volvo Financial Services Americas from 2005 to 2010.

Prior to joining the Volvo Group, he served as president of Great Dane Financial, and as president of the manufacturing company Woodard LLC. He started his professional career in the field of construction equipment with Caterpillar as a marketing management trainee. He has a bachelor of science from Purdue University and an MBA in international business from George Washington University.