Volvo (VOLVY.PK) names Olof Persson as CEO to replace the long-serving Leif Johansson, who is...

|By:, SA News Editor

Volvo (VOLVY.PK) names Olof Persson as CEO to replace the long-serving Leif Johansson, who is set to become chairman of Ericsson (ERIC). Persson will have to lead the world's second-largest truck maker out of the worst market downturn in decades. (PR)