After 26 years with Volvo and seven as President of Volvo Penta of the Americas, Ron Huibers has decided to retire from his current role and move to another role within Volvo Penta.
Succeeding Huibers will be Martin Bjuve, who is currently Volvo Penta’s chief financial officer and senior vice president.
“The team, customers and industries we serve here have been exciting and rewarding. This role has been the best of my long career,” Huibers said.
“I am thankful to have worked with great leaders and teams and establish stronger partnerships. However, as we have planned, I want to spend more time with my family. That has been difficult to balance given the travel demands of being president. The time is right to hand over the baton as the Americas continues into the next stage of its journey.”
Now, Huibers will move into the role of senior advisor for the company. The transition is planned for Jan. 1.
“With 26 years of distinguished leadership across Volvo Group at Volvo Penta, Volvo and Mack Trucks, Volvo Finance and Volvo Construction Equipment, Ron’s skills and experience developing business, teams and partnerships have paid dividends to the company and stakeholders,” said Bjorn Ingemanson, president and CEO of Volvo Penta.
“On behalf of Volvo Penta, I would like to thank Ron for his valuable contribution. His experience will still be available to the company, as Ron will help represent the company and support me as senior advisor.”
Volvo Penta’s new president
Martin Bjuve has been with Volvo Penta for 17 years and is a member of the Volvo Penta executive group. As chief financial officer and senior vice president, his responsibilities have included the overall strategy development, as well as process and IT.
“I am thrilled to take on this new role. Volvo Penta of the Americas is very special for me and my family. I look forward to leading the very strong team we have in the region and keep growing the diverse business we have together with our partners,” Bjuve said.
“The company has made great progress under Ron’s leadership. As we continue to innovate and grow in both the Marine and Industrial segments, we intend to build even further for the future.”
Bjuve has developed a broad commercial and customer experience in Volvo Penta. Prior to being appointed global CFO, Martin was based in Chesapeake, Virginia for five years — first as CFO for Volvo Penta of the Americas, and later also as vice president of customer support.
Earlier roles include CFO for Europe as well as responsible for sales of spare parts and accessories, and dealer development in the Nordic countries.
“During his many years at Volvo Penta, Martin has developed into a commercial leader, with a strong strategic vision. He will continue to build on the strengths that Volvo Penta has established in North and South America over the years,” Ingemanson said.
“I am pleased to have Martin take on the leadership role given his strong and diverse experience. Martin will, of course, be a key person in developing our current business in the business region. Furthermore, Martin is well suited for expanding the new businesses that we are currently developing, like the outboard offer as well as automation, connectivity and electromobility.”
Volvo Penta has started the recruitment process for a new CFO and senior vice president, and the successful applicant will be announced at a later stage.