VOLVO GROUP

Governance leadership structure

Board of Directors

14 voting members and 2 non-voting
  • Independents
  • Executives
  • Employees representatives
  • State representatives
  • Other
Directors
average seniority
6.9 years
6.6 years for elected by shareholders
Directors
average age
63.1 years
63.3 years for elected by shareholders

Chair and CEO roles are separated:

Majority of independent members in the Audit Committee?
Yes
15 members

Group Executive Board

48.8 % Percentage of variable remunerations in 2020 Global compensation

Board & Leadership

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