Pat Olney to leave Volvo Construction Equipment at end of 2013

Volvo Construction Equipment president Pat Olney is to leave the global construction equipment manufacturing giant at the end of 2013. The 44-year-old joined Volvo CE in 1996 and has held a number of top management positions in finance, operations and general management, before becoming Volvo CE president in May 2011. He is to take a post at what a Volvo CE spokesperson said was a ‘non-competing, large engineering company based in the U.S.’
October 21, 2013 Read time: 2 mins
Pat Olney
Volvo Construction Equipment president Pat Olney is to leave the global construction equipment manufacturing giant at the end of 2013.

The 44-year-old joined 359 Volvo CE in 1996 and has held a number of top management positions in finance, operations and general management, before becoming Volvo CE president in May 2011.

He is to take a post at what a Volvo CE spokesperson said was a ‘non-competing, large engineering company based in the U.S.’

Olney said, “I have had a long and rewarding career with Volvo, and for that I will always be grateful. As such, this was not an easy decision. I have had the ambition to relocate at some point to North America and this opportunity was simply too good to pass up.”

Of Olney’s imminent departure, Olof Persson, president and CEO of the 3970 Volvo Group, said, “Pat has done an excellent job during his career with Volvo I regret that he has decided to leave Volvo. At the same time I fully understand and respect his desire to move to North America for professional and personal reasons.”

A Volvo CE spokesperson said the search for Olney’s replacement as Volvo CE president had begun.
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