Lars Stenqvist, a member of the Volvo Group Executive Board and Group Chief Technology Officer, will step down from his current role after nine years. He will remain with the company as a senior leader. Jens Holtinger, currently an Executive Board member and Executive Vice President of Group Trucks Operations, will succeed him.
“Lars, in his leadership role, has been instrumental in the Group’s positive development and a pioneer on the journey towards more sustainable transport. I deeply value the significant contributions he has made over the years,” said Martin Lundstedt, President and CEO.
Jens Holtinger brings over 25 years of experience within the Volvo Group to his new position. His previous roles include overseeing truck manufacturing in Europe and Brazil and managing various truck production plants.
“With his extensive experience across the entire value chain, Jens will bring valuable perspectives that support our continued focus on innovation and operational excellence. His steady leadership and industry insight will be important as we continue to develop solutions that meet evolving needs,” added Martin Lundstedt.
The transition is set for September 1st, 2025.
The Volvo Group offers transport and infrastructure solutions worldwide. Established in 1927, it is headquartered in Gothenburg, Sweden. The company employs over 100,000 people globally and reported net sales of SEK 527 billion (EUR 46 billion) in 2024.
For further information or media inquiries, contact Claes Eliasson at +46 76 553 7229 or [email protected].
