Volvo Financial Services Appoints New VP of Business Development
FOR IMMEDIATE RELEASE
GREENSBORO, NC (July 24, 2007) - Volvo Financial Services North America, the finance arm of the Volvo Group, has announced the promotion of Stephen Roy to Vice President of Business Development for the U.S. and Canada business segments. This new position was created to support the growth of Volvo Financial Services’ portfolio in North America, and includes responsibility for several existing Volvo Financial Services business segments such as bus, insurance, and accounts receivable services.
Roy has been with Volvo Financial Services since 1996 and has over 21 years equipment finance experience. His last assignment was working as the U.S. Vice President of Truck Financial Services.
Volvo Financial Services is the finance arm of the Volvo Group, one of the world’s leading providers of commercial transport solutions. The company provides financial services for the truck, construction equipment, bus, aerospace and marine industries. The primary brands it supports are Mack Truck, Volvo Trucks, Volvo Construction Equipment, Prevost Bus and Volvo Penta.
Volvo Financial Services is part of the Volvo Group. The Volvo Group is a publicly held
company headquartered in Gothenburg, Sweden. With 2006 sales of approximately $34 billion, Volvo’s businesses include heavy trucks, buses, construction equipment, marine and industrial drive systems, aerospace, and financial services. In the United States, Volvo shares are listed on NASDAQ and are traded as ADRs (symbol: VOLV).
For more information about Volvo Financial Services North America, visit our web site at
www.us.vfsco.com
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For information, please contact:
Allison Long
Marketing & Corporate Communications Manager
Volvo Financial Services North America
336 931 4293
allison.long@vfsco.com