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Volvo Car Picks Škoda Boss Zellmer as New CEO to Oversee Revamp

Bloomberg Markets·September 20, 2026·1 min read

Volvo Car AB's board appointed Klaus Zellmer as president and CEO, replacing Håkan Samuelsson, who steps down next year. Zellmer, currently Škoda's boss, will oversee the company's revamp. The change comes as Volvo navigates its transition to electric vehicles and restructuring efforts.

Read at Bloomberg Markets
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