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Volvo Car Brings Back Samuelsson as CEO to Steer Turnaround
Hakan Samuelsson will return to Volvo Car AB on April 1.
Photographer: Mikael Sjoberg/BloombergThis article is for subscribers only.
Volvo Car AB tapped its longtime Chief Executive Officer Hakan Samuelsson to retake the helm as the Swedish automaker tries to navigate its way out of a malaise worsened by looming US tariffs.
Samuelsson, 74, will replace Jim Rowan on April 1 and serve for two years as the board looks for a long-term successor, the company said Sunday. Samuelsson was Volvo’s CEO for a decade until 2022.