Jernberg is currently president and CEO of the Sweden-based powder metallurgy company Höganäs AB. Prior to this, he held the position of executive vice president and head of business area EMEA at Sweden-based steel manufacturer SSAB. He will assume his new position on Jan. 1, 2018.
Jernberg replaces Martin Weissburg, who, due to family reasons, has decided to move back to the U.S. and will take up a position as senior advisor to Volvo’s president and CEO Martin Lundstedt. Martin Weissburg will be stationed in Greensboro, North Carolina.
“Martin Weissburg has, through his strong leadership, been key to considerably improve the performance of Volvo Construction Equipment and he will continue to have senior positions within the Volvo Group. Martin Weissburg will remain in his position until year end 2017 and will take up his new position as senior advisor to me during the course of 1Q 2018,” says Martin Lundstedt.