Andrea Fuder, Chief Purchasing Officer at Volvo Group has tragically passed away

Rhea-AI Summary

Volvo Group (VLVLY) has announced the tragic passing of Andrea Fuder, the company's Chief Purchasing Officer and Executive Board member since 2017, following a short illness. Fuder was instrumental in transforming Volvo's global purchasing operations and supply network, particularly during challenging periods including the pandemic, supply shortages, and geopolitical volatility. She played a crucial role in advancing Volvo's transition towards sustainable transport solutions.

Jens Holtinger, Executive Vice President Group Trucks Operations, will serve as acting Chief Purchasing Officer. Under Fuder's eight-year tenure, she strengthened Volvo's supply network and utilized purchasing power to drive positive change. The company, founded in 1927, reported net sales of SEK 527 billion (EUR 46 billion) in 2024 and employs over 100,000 people across 190 markets.

GOTHENBURG, Sweden, May 18, 2025 /PRNewswire/ -- Andrea Fuder, Chief Purchasing Officer and a member of the Volvo Group Executive Board since 2017, has tragically passed away following a short illness. Andrea led the global purchasing team and its ecosystem of supply partners through one of the most significant transformations the industry has ever seen, including navigating the pandemic, supply shortages,  and an increasing volatile geopolitical landscape. She was instrumental in driving the Volvo Group transition towards more sustainable transport solutions.

"My thoughts are with Andrea's loved ones during this difficult time of loss. There is no doubt that the leaves behind a remarkable legacy, having played a vital role in the Volvo Group success over the past eight years. She was a true driving force in harnessing purchasing power as a catalyst for positive change. Thanks to her dedication and commitment, our supply network is stronger than ever. Andrea will be deeply missed," says Martin Lundstedt, President and CEO, Volvo Group.

Jens Holtinger, Executive Vice President Group Trucks Operations will serve as acting Chief Purchasing Officer.

Journalists wanting further information, please contact:
Claes Eliasson, Head of Media Relations
+46 76 553 7229
press@volvo.com

For more information, please visit volvogroup.com 
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The Volvo Group drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase our customers' uptime and productivity. Founded in 1927, the Volvo Group is committed to shaping the future landscape of sustainable transport and infrastructure solutions. The Volvo Group is headquartered in Gothenburg, Sweden, employs more than 100,000 people and serves customers in almost 190 markets. In 2024, net sales amounted to SEK 527 billion (EUR 46 billion). Volvo shares are listed on Nasdaq Stockholm.

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SOURCE AB Volvo

FAQ

Who is replacing Andrea Fuder as Volvo Group's Chief Purchasing Officer?

Jens Holtinger, Executive Vice President Group Trucks Operations, will serve as acting Chief Purchasing Officer.

How long did Andrea Fuder serve as Volvo Group's Chief Purchasing Officer?

Andrea Fuder served as Chief Purchasing Officer and member of the Volvo Group Executive Board since 2017, spanning approximately eight years.

What were Andrea Fuder's main achievements at Volvo Group (VLVLY)?

Fuder led the global purchasing team through major industry transformations, navigated pandemic challenges and supply shortages, strengthened the supply network, and drove the company's transition towards sustainable transport solutions.

What were Volvo Group's (VLVLY) net sales in 2024?

Volvo Group reported net sales of SEK 527 billion (EUR 46 billion) in 2024.