Marc Engelen appointed as President & CEO, Volvo Cars of Canada

VOLVO CANADA - Marc Engelen has been appointed as President & CEO, Volvo Cars of Canada Corp., succeeding Jeff Pugliese. Pugliese will conclude his four year term as President & CEO of Volvo Cars of Canada, returning to Volvo Cars of North America to head up the commercial sales division as of July 1, 2012.

"I would like to thank the Canadian community, retailers and my dedicated staff for their support and confidence over the last four years," says Jeff Pugliese, outgoing President & CEO, Volvo Cars of Canada, "I wish Marc the best of luck in his new position and am confident that I leave the business in capable hands."

Marc Engelen has enjoyed a successful career with Volvo Cars, serving as regional CFO, Volvo Cars Germany and Central Europe from 1996-2003, President of Volvo Belgium & Luxemburg from 2003-2007, brand, business and product strategy director at Volvo Car Corporation from 2007-2009. Marc Engelen will leave his current role as Vice President price, volume and product strategy with Volvo Car Corporation in Göteborg, assuming the position of President & CEO, Volvo Cars of Canada as of July 1, 2012.

"I am committed to improve and grow the Volvo business in Canada in terms of customer loyalty and satisfaction, segment share and customer service penetration." says Marc Engelen, incoming President & CEO, Volvo Cars of Canada, "Having lived in Sweden for the last five years, I recognize the similarities between these two cultures and see great potential here as a second home market overseas."