Volvo’s incoming CEO, currently leading Škoda to record profits and a dominant position in Europe’s second-largest market, will take over from Hakan Samuelsson in late 2027. With three decades of automotive experience, the executive’s transition marks a shift in leadership amid the company’s ongoing transformation. His background in steering a major manufacturer through growth and market expansion could shape Volvo’s future strategy. The move follows a period of significant change for the Swedish automaker.


Klaus Zellmer, who has led Skoda to record profits and Europe’s No. 2 market position, will succeed Hakan Samuelsson as Volvo CEO by October 2027. He brings 30 years of automotive leadership ...