Volvo CE's new CEO

Swedish-based Volvo Construction Equipment has appointed Pat Olney as its new president and CEO, effective from 1 May. This development follows the recent appointment of the firm's previous president, Olof Persson, to become CEO of parent AB Volvo. Olney has worked for 17 years in the construction equipment industry, with 10 of these in senior management roles within 359 Volvo CE. In the 2001 - 2004 he was the CFO of Volvo CE, and was then appointed president of Volvo Motor Graders, a position he held until becoming president of Volvo Road Machinery in 2007. Since 2009 he has been executive vice president and head of operations at Volvo CE. This position includes all global manufacturing as well as global purchasing.