Volvo Cars appoints Fredrik Hansson as CFO

Volvo Cars announces that Fredrik Hansson has been appointed Chief Financial Officer (CFO), effective today. He has served as the Head of Global Controlling and Performance Steering since 2021 and was named Deputy CFO and a member of the Group Management team in 2023.

“I am pleased to welcome Fredrik as our new CFO. We are currently navigating challenging and fast-moving market conditions, where efficiency and financial performance are key. Fredrik’s deep knowledge of the company, combined with his strategic understanding of the industry’s complexities, will be a valuable addition to the company’s Executive Management Team” says Håkan Samuelsson, CEO of Volvo Cars.

Prior to joining Volvo Cars, Fredrik Hansson was a partner at McKinsey & Company, where he worked globally within the automotive industry and Volvo Cars, on strategy, corporate finance, digital transformations, and efficiency improvements. 

“We are at a pivotal time for Volvo Cars and the automotive industry, with increasing geopolitical complexity and intensifying competition globally. I am both proud and humbled by this task and committed to working with the Executive Management Team and all colleagues at Volvo Cars to help steer the company through the current challenging environment and strengthen our future,” says Fredrik Hansson, Volvo Cars’ newly appointed CFO. 

Fredrik Hansson holds a master’s degree in finance from the School of Business, Economics and Law at the University of Gothenburg.  

Volvo Cars’ current CFO, Johan Ekdahl, will be taking his next step outside of the company. During his nearly 10 years at Volvo Cars, he has held roles as Head of Accounting and Group Reporting as well as other finance roles besides the CFO position.