Change at top of Volvo
The chief of Volvo Trucks is leaving and looks sure to grab a gig as chairman of the Ericsson phone and electronics group. Leif Johansson will leave the helm of the massive truck company in September. Olof Persson has been named as his successor and will work alongside Mr Johansson as his deputy from May 1. Mr Persson, 46, has a background in economics and is currently in charge of Volvo’s construction equipment unit.