Volvo Financial Services Names Two New VPs

Staff -- Associated Construction Publications, 4/16/2008

Volvo Financial Services, the finance arm of the Volvo Group, has promoted two vice presidents to new positions.

Ron Huibers was appointed vice president of business development for the U.S. and Canada business segments. He will support the growth of Volvo Financial Services’ portfolio in North America with responsibility for product development and strategic planning. Huibers has been with Volvo since 1993 in senior leadership positions in the U.S., Europe and Canada. His last assignment was working as the vice president of construction financial services.

Patrick Shannon was promoted to vice president of construction equipment financial services. Shannon is responsible for all customer, dealer and franchise finance activities for Volvo Construction Equipment and Volvo Rents in North America. He has been with Volvo Financial Services since 1995 and has 20 years of equipment finance experience. His last assignment was working as a Volvo Financial Services vice president, responsible for risk, wholesale, Volvo Rents, and other business areas.Volvo Financial Services provides financial services for the truck, construction equipment, bus, aerospace, and marine industries. The primary brands it supports are Volvo Trucks, Mack Trucks, Volvo Construction Equipment, Volvo Rents, Prevost Bus, and Volvo Penta.