Leif Johansson (businessman)

Leif Johansson in 2014

Leif Valdemar Johansson (born 30 September 1951), is a Swedish businessman. He was President and CEO of the Volvo Group from 1997 to 2011 and is Chairman of Ericsson since 2011 and of AstraZeneca plc.

In 2012, the Fokus Magazine ranked him as Sweden's 6th most powerful person.[1]

Background

Johansson was born on August 30, 1951, in Gothenburg, Sweden. His father was Lennart Johansson, for many years President of the SKF Group (1971-1985). He and his wife Eva have five children.

Education

Career

Johansson has worked in Swedish industry for most of his professional life. He assumed his first position as Managing Director in 1978 (age of 27), at Husqvarna Motorcycles. In 1982 he became President of Facit, an office machines manufacturer, followed by ten years with white-goods manufacturer Electrolux where he eventually advanced to the position of CEO. In 1997 Johansson was appointed President and CEO of Volvo in Gothenburg, a position he held until 2011.

1974-76 project consultant, Indevo
1977 product developer and assistant to the President, Centro-Maskin
1979 President of Husqvarna Motorcycles
1981 Divisional Manager Office Machines, Facit Sweden
1982 President of Facit
1984 Divisional Manager, AB Electrolux, white-goods
1987 President of AB Electrolux, white-goods
1988 Vice President, AB Electrolux
1991 President of AB Electrolux
1994 CEO, Electrolux
1997 President and CEO, Volvo Group
2011 Chairman, Ericsson

Other assignments

Chairman of the Board: AstraZeneca Pharmaceuticals LP
Member of the Board: Bristol-Myers Squibb Company, Svenska Cellulosa Aktiebolaget (SCA), Confederation of Swedish Enterprise
Member of Royal Swedish Academy of Engineering Sciences (IVA)
Chairman ERT European Round Table of Industrialists

Awards

1977 Marcus Wallenberg ASEA Award
2001 The King's Medal size 12 in the Ribbon of the Royal Order of the Seraphim
2005 The Royal Swedish Automobile Club's Gold Memorial Medal Kungliga Automobilklubben
2005 Knight of the National Order of the Legion of Honour, France
2006 Honorary Doctor at the Blekinge Institute of Technology
2007 Honorary Doctor of Medicine at the University of Gothenburg
2009 The Mekanprisma Award

2013 Officer of the Legion of Honour

Volvo Group

The Volvo Group is one of the world's largest suppliers of commercial vehicles with products such as trucks, buses, construction equipment, drive systems for marine and industrial applications, and aircraft engine components. The Volvo Group also offers its customers financial services. Today the Group has customers in more than 180 countries worldwide, mainly in Europe, Asia and North America. The Group has about 100,000 employees and production facilities in 19 countries.

Decisions adopted under Johansson's leadership:
1998 Acquisition of Samsung's excavator operation, South Korea
1999 Sale of Volvo Cars to Ford Motor Company
2001 Acquisition of Renault Trucks, France, and Mack Trucks, USA
2006 Acquisition of Nissan Diesel, Japan
2007 Acquisition of Ingersoll Rand's road construction machinery division, USA
2008 Agreement on joint venture company with Eicher Motors, India

References

  1. Leif Johansson is now Sweden's 6th most poweful person, up from 28th last year.
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