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Zhejiang Geely Holding: Stefan Jacoby Volvo's new CEO

Staff writer |
Beijing, China - August 2, 2010, Beijing, China - Zhejiang Geely Holding Group announced that it has completed the purchase of Volvo Cars from Ford Motor and it has named Stefan Jacoby as Volvo's new chief executive officer.

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Mr. Jacoby served as an Executive Vice President of Global Marketing and Sales at Volkswagen Group. He also served as the Chief Executive Officer and President of Volkswagen Group of America since October 2007.

Mr. Jacoby served as the President and Chief Executive Officer of Mitsubishi Motors Europe B.V. and as General Representative of Volkswagen AG for the Marketing and Sales Department since 2004.

Mr. Jacoby served as the Head of U.S. Operations at Volkswagen AG since September 2007 and also served as Head of its Marketing Operations from July 2004 to September 2007. As a Member of the top management at Volkswagen AG, he was responsible for the Asia-Pacific Region from October 1997 to September 2001, and was instrumental in the further expansion of its 2 joint ventures in China.

From January 1995 to September 1997, Mr. Jacoby managed the General Office of the Chairman of the Board of Management of Volkswagen AG. In March 1988, he moved to the Controlling and Marketing Departments of Volkswagen of America for a year, and subsequently became responsible for pricing in the Commercial Vehicles business line.

Following his return to Germany at the end of 1992, Mr. Jacoby assumed responsibility for Volkswagen AG exports and the control of Volkswagen sales companies in the Sales Planning Department in March 1988, he moved to the Controlling and Marketing Departments of Volkswagen of America for a year, and subsequently became responsible for pricing in the Commercial Vehicles business line.

Mr. Jacoby began his career in 1985 in the Industrial Sales Controlling Department at Volkswagen. Since April 1990, he served as Head of Controlling at Volkswagen Audi Nippon KK, Japan, helping to set up the new sales company.

Mr. Jacoby served as a Member of the Supervisory Board at Volkswagen Financial Services AG. He served as a Member of the Supervisory Board of LeasePlan Corporation N.V.

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