Changes to Volvo CE executive management team
Klara Eiritz appointed head of finance and Philippe Henriette head of strategy and business development
VOLVO Construction Equipment (Volvo CE) have made changes to their executive management team (EMT), with the former finance, strategy and business development function now divided into two separate functions, to increase the focus on transformation and operational business performance.
Klara Eiritz, has been appointed as head of finance and will become a new member of the EMT. Ms Eiritz currently serves as head of business control and sourcing for Europe and Latin America at Ericsson and previously served in a number of senior finance positions over 14 years working for Sandvik.
Volvo CE’s financial planning and analysis, sales and operations planning, accounting and internal control, finance OEM and Brussels site support functions will all report into Ms Eiritz, who will be based in Eskilstuna, Sweden.
She commented: ‘Having spent many years working in the engineering industry, I look forward to joining a market leader like Volvo CE and leading the finance function as we continue our growth journey.’
Meanwhile, Philippe Henriette has been appointed as head of strategy and business development to lead and drive the strengthened EMT. Currently senior vice-president of finance, digital, IT and business development at Volvo CE, in his new role he will be responsible for supporting the company in its ambitions and addressing a number of Volvo CE’s key challenges and strategic issues.
The company’s strategy, business development, CE engineering solutions (CEES), global load out solutions and digital and IT functions will all report into Mr Henriette, who will continue to be based in Gothenburg.
He commented: ‘In a world that is changing at an increasingly rapid rate, the need for a clear focus on our transform agenda so that we continue to grow our company and take a leadership position in a time of change is critical. I am excited to take on the challenge.’
Both changes will be effective no later than 1 August 2023.
Melker Jernberg, head of Volvo CE, said: ‘I believe these changes reinforce our transformation agenda, allowing us to closely manage our performance and at the same time have a clear focus on driving our transformation agenda. I welcome those mentioned to their new roles.’
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