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Kurt Jofs, former Ericsson’s top shot is currently being considered as a Board Member of AB Volvo. Already, the Election Committee of AB Volvo has proposed that Kurt Jofs be elected as new Board member at the Annual General Meeting scheduled to hold on April 8, 2020.
The Election Committee also proposed the re-election of the Chairman of the Board, Carl-Henric Svanberg, as well as Board members Matti Alahuhta, Eckhard Cordes, Eric Elzvik, James W. Griffith, Martin Lundstedt, Kathryn V. Marinello, Martina Merz, Hanne de Mora and Helena Stjernholm.
Kurt Jofs, 61, has extensive experience as entrepreneur and investor within various industries. His previous positions include the role as Executive Vice President and responsible for Ericsson’s Networks business from 2003 to 2008; CEO of Segerström & Svensson from 1999 to 2001; CEO of Linjebuss from 1996 to 1999 as well as various positions within ABB and Ericsson.
Kurt Jofs is currently on the Board of Telefonaktiebolaget LM Ericsson, Silver Resorts AB, Vesper Group Holding AB and Höganäs AB.
The Election Committee of AB Volvo comprises representatives of four of the company’s largest shareholders, who together represent approximately 14.7 per cent of the outstanding shares and approximately 37.5 per cent of the outstanding votes, and the Chairman of the Board.
The members who represent the largest shareholders are Bengt Kjell (AB Industrivärden), Ramsey Brufer (Alecta), Carine Smith Ihenacho (Norges Bank Investment Management) as well as Pär Boman (Svenska Handelsbanken, SHB Pension Fund, SHB Employee Fund, SHB Pensionskassa and Oktogonen).
