Board members elected by the Annual General Meeting
Leif Johansson, CEO of the Volvo Group until and including August 31, 2011, resigned from the Board at the same time and was replaced as Board member by Olof Persson from September 1, 2011, who then also assumed the position as CEO. 

Board members and deputies appointed by employee organisations 
As of November 30, 2011 Martin Linder left the Board and was replaced by Peteris Lauberts, former deputy member of the Board. Mats Henning was appointed new deputy as of the same date.