Volvo Financial Services Names New Vice Presidents

April 18, 2008
Greensboro, N.C.-based Volvo Financial Services, the finance arm of the Volvo Group, last week announced the promotion of Ron Huibers to vice president of business development for the U.S. and Canada business segments. Huibers will support the growth of ...

Greensboro, N.C.-based Volvo Financial Services, the finance arm of the Volvo Group, last week announced the promotion of Ron Huibers to vice president of business development for the U.S. and Canada business segments.

Huibers will support the growth of Volvo Financial Services’ portfolio in North America with responsibility for product development and strategic planning. He will also be responsible for several business segments such as aerospace, marine, insurance, bus and accounts receivable services.

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.

The company also promoted Patrick Shannon 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.

Shannon has been with Volvo Financial Services since 1995 and has 20 years 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.