Lars Stenqvist, member of the Volvo Group Executive Board and Group chief technology officer, has chosen to step down from his current role after nine years of service. He will continue in the Group as a senior leader.

Jens Holtinger, Volvo Group Jens Holtinger

Commenting on the change, Martin Lundstedt, Volvo Group president and CEO, praised Stenqvist for his leadership, noting that he has made significant contributions over the years and “has been instrumental in the Group’s positive development and a pioneer on the journey towards more sustainable transport.”

Stenqvist will be succeeded by Jens Holtinger, currently member of the Executive Board and executive vice president, Group Trucks Operations. Holtinger has had a number of leadership roles during his more than 25 years in the Volvo Group. In addition to his current role, he has also been responsible for truck manufacturing in Europe and Brazil as well as various truck production plants.

“With his extensive experience across the entire value chain, Jens will bring valuable perspectives that support our continued focus on innovation and operational excellence,” Lundstedt stated. “His steady leadership and industry insight will be important as we continue to develop solutions that meet evolving needs.”

The leadership transition will take effect on September 1, 2025.

POWER SOURCING GUIDE

The trusted reference and buyer’s guide for 83 years

The original “desktop search engine,” guiding nearly 10,000 users in more than 90 countries it is the primary reference for specifications and details on all the components that go into engine systems.

Visit Now

Latest News
Weiler named to AEM Hall of Fame
Company Founder Pat Weiler becomes association’s 76th inductee
EIMA 2026 Power Progress Video Review
A look at some new power and machine launches at the EIMA 2026 agricultural machine trade fair
Wacker Neuson reports 18% surge in compact equipment sales
Demand for excavators, wheeled loaders and telehandlers helps lift group revenue to €1.85 billion (US$2.05 billion)
CONNECT WITH THE TEAM
Becky Schultz Vice President of Content Tel: +1 480 408 9774 E-mail: becky.schultz@khl.com
Julian Buckley Editor Tel: +44 (0) 1892 784088 E-mail: julian.buckley@khl.com
Chad Elmore Managing Editor Tel: +1 262-347-8808 E-mail: chad.elmore@khl.com
Tony Radke Vice President of Sales Tel: +1 602 721 6049 E-mail: tony.radke@khl.com
CONNECT WITH SOCIAL MEDIA