Karlsten Named President Of Volvo Powertrain

Posted on September 4, 2007

Peter Karlsten, head of Volvo Trucks North America, has been appointed

president of Volvo Powertrain. He will assume his new position on December 1, when his predecessor, Lars-Göran Moberg, retires. Karlsten will also assume the role as senior vice president Technology for the Volvo Group and become a new member of the Group Executive Committee.

Karlsten has been head of Volvo’s North American truck operations since 2003. Prior to this he was head of Volvo Trucks in Brazil. “Peter Karlsten has many years of international experience in manufacturing and Marketing,” said Volvo CEO Leif Johansson. “I am convinced he will contribute strongly in helping to develop and carry out the Group’s international expansion and strategic development.”