Melker Jernberg has been appointed President of Volvo Construction Equipment and member of the Volvo Group Executive Board. Jernberg is currently President and CEO of the Sweden-based powder metallurgy company Höganäs AB. Prior to this, he held the position of Executive Vice President and Head of Business Area EMEA at Swedish-based steel manufacturer SSAB. He will assume his new position on January 1, 2018.
Jernberg replaces Martin Weissburg, who has decided to move back to the US and will take up a position as Senior Advisor to Volvo’s President and CEO Martin Lundstedt.
“Martin Weissburg has through his strong leadership been key to considerably improve the performance of Volvo Construction Equipment and he will continue to have senior positions within the Volvo Group. Martin Weissburg will remain in his position until year end 2017 and will take up his new position as Senior Advisor to me during the course of Q1 2018,” commented Lundstedt.