ALERT: Volvo replaces CEO Jacoby with former MAN boss Samuelsson; Board wants new chief to take company into 'new phase'

BREAKING NEWS ALERT October 19, 2012

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Volvo replaces CEO Jacoby with former MAN boss Samuelsson Board wants new chief to take company into 'new phase' Staff and wire reports Volvo today named Hakan Samuelsson, the former head of German truck maker MAN, as its new CEO. Samuelsson, 61, replaces Stefan Jacoby, 54, who suffered a mild stroke last month. The board's vice chairman said Jacoby's health was not the reason for the decision and the board wanted a new CEO to take the company "into a new phase."  story  Follow Automotive News

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