Volvo Car Corporation appoints Tom Johnstone to the Board of Directors

Volvo Car Corporation (Volvo Cars) has appointed Tom Johnstone as a member of its Board of Directors effective January 1, 2015. Johnstone joins the Board of Volvo Cars from Gothenburg-based technology firm SKF, when he finishes his tenure as President and CEO
on December 31, 2014.

Tom Johnstone (1955, Symington, Scotland) has been President and CEO for SKF for more than eleven years and brings with him decades of industrial experience and understanding of the automotive industry. The appointment of Johnstone also highlights the strength of the industrial cluster in Gothenburg as well as the historical links between Volvo Cars and SKF, which go back all the way to the foundation of Volvo Cars in 1927.

"I am delighted to welcome Tom to the company's Board of Directors," says Li Shufu, Chairman of the Board, Volvo Cars. "He is a genuine industrialist and adds to the already outstanding levels of diversity and business acumen on the Volvo Cars board, as the company continues its growth and transformation journey."

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