Former MAN boss takes over at Volvo

Volvo Cars has named Hakan Samuelsson, the former chief executive of truckmaker MAN to succeed Stefan Jacoby as chief of the Swedish vehicle maker.

Samuelsson, a Volvo Cars board member, is replacing Jacoby immediately, the Gothenburg-based carmaker said at a press conference in Stockholm.

Jacoby said on September 24 that he would be on sick leave for about a month after suffering a "mild" stroke. Jan Gurander, Volvo's chief financial officer, had been serving as interim chief executive.

via Business feed http://www.scmp.com/business/companies/article/1065344/former-man-boss-takes-over-volvo