june 23, 2017 - Volvo Cars

Polestar announces new management team to develop electrified performance brand for Volvo Cars

Volvo Cars, the premium car maker, has announced that #polestar, its performance car arm, is to become a new separatelybranded
electrified global high performance car company, marking the latest stage in Volvo’s ongoing transformation. In order to drive the development of the brand, #volvo Cars also announced today that #thomasingenlath, Senior Vice President Design at #volvo, will assume the position of Chief Executive Officer at #polestar. Mr Ingenlath has been the inspiration behind Volvo’s award winning design renaissance in recent years. “Thomas heading up the #polestar organisation shows our commitment to establishing a truly differentiated standalone
brand within the #volvo Car Group,” said #hakansamuelsson, president and chief executive of #volvo Cars. Mr Ingenlath will be joined at #polestar by #jonathangoodman, who will become Chief Operating Officer. Mr Goodman moves from his position as Senior Vice President #corporate Communication at #volvo Cars. “With 25 years of commercial experience in the #automotive industry, Jonathan is ideally placed to provide operational experience alongside Thomas’s vision, building on the experienced management team that will drive the
Polestar brand forwards” said Mr Samuelsson. “Polestar will be a credible competitor in the emerging global market for high performance electrified cars. With Polestar, we are able to offer electrified cars to the world’s most demanding, progressive drivers in all market
segments.”

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