The nomination committee at Volvo Cars has proposed that Natalie Knight and Markus Schäfer be elected to the board at the annual general meeting on March 31, 2026. At the same time, Anna Mossberg and Caroline Grégoire Sainte Marie have declined re-election.
Natalie Knight serves on the Supervisory Board of Deutsche Telekom and has previously held CFO positions at Stellantis, Ahold Delhaize, and Arla Foods. Markus Schäfer has held senior roles at Mercedes-Benz, including as Chief Technology Officer and member of the management board, and is a co-founder of Russel AI Labs.
Volvo Car AB is a Sweden-based automotive brand. Volvo Car Group is focused on the design, engineering, manufacturing, distribution and sale of passenger cars, with particular focus on sustainability, fully electric cars and direct consumer relations, including subscription and other new mobility services. Volvo Car Group’s addressable market is the global premium passenger car market. Moreover, the Company’s intention is to be a pure electric car company and as a result it is undergoing a shift in its business model to a direct sales model in most of its markets. Volvo Cars’ commitment to electrification also results in the launch of Polestar, a progressive stand-alone electric performance car brand, in which Volvo Cars owns shares. Volvo Cars also holds shares in the automotive brand LYNK&CO, which focuses on young open-minded urban people through a flexible customer offering.
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