Truck and construction devices maker AB Volvo stated on Friday it had appointed Martin Weissburg, presently head of Volvo’s construction equipment arm, to head its Mack Trucks brand.
Weissburg has had a considerable successful four-year tenure as head of Volvo Construction Equipment (VCE), which represents around a fifth of Volvo’s overall sales, and has reported revenues far above expert forecasts this year.
He succeeds Dennis Slagle, who led Mack Trucks since 2008. Volvo said Slagle will stay with Volvo as a special projects leader reporting to CEO Martin Lundstedt.
“Thanks to Denny Slagle’s management, the Volvo Group’s North American truck business has substantially improved its profitability and competitiveness, and is strongly positioned for the future,” Lundstedt stated.
Gothenburg-based Volvo’s truck brands, apart from Volvo and Mack, also consist Renault and UD Trucks.
