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Volvo Taps Klaus Zellmer to Take Over as CEO by Late Next Year

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Volvo Taps Klaus Zellmer to Take Over as CEO by Late Next Year

Zellmer, who currently leads Škoda Auto, will replace Håkan Samuelsson by October 1, 2027.

Volvo has selected a new CEO, but he’ll have some time to get ready before the official handoff. Klaus Zellmer will take the reins as president and CEO of Volvo Cars no later than October 1, 2027.

Zellmer will replace Håkan Samuelsson, who has now held the position twice. Samuelsson first spent a decade as CEO from 2012 to 2022, and he was tapped again in 2025 for a two-year stint as CEO while Volvo worked on a long-term road map to navigate lower EV demand and tariff challenges. Samuelsson’s two-year agreement gave Volvo time to develop a lasting plan and select a CEO that aligned with the company’s future vision.

While Zellmer, 59, is new to Volvo, this won’t be his first time at the helm of a global car company. Currently, he serves as CEO of Škoda Auto, which ended 2025 as one of the bestselling brands in Europe and has seen record EV deliveries so far in 2026. He also served as CEO of Porsche Cars North America and Porsche Deutschland and was a board member for Volkswagen Passenger Cars. Zellmer holds a degree in business administration and spent his early auto industry career in sales and marketing positions.

Eric Li, chairman of Volvo Cars, says Zellmer’s experience at both high-end and high-volume brands is an “excellent fit” for Volvo. The board is confident Zellmer will be able to guide Volvo through changing markets and strengthen the road map developed during Samuelsson’s second tenure as CEO.


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