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Volvo Appoints Pat Olney President of New Business Line

- National Edition

Volvo Construction Equipment has appointed Pat Olney president of the newly formed Volvo road machinery business line.

Volvo’s acquisition of Ingersoll Rand’s road development division on April 30 makes Volvo a global supplier of quality equipment and services for the road building, road maintenance and general construction markets. The new business line, which includes the company’s motorgrader product line, was created to provide strategic focus on the road development segment.

It has production facilities in the United States, Germany, India and China and is headquartered in Shippensburg, Pa.

Pat Olney joined Champion Road Machinery in Goderich, Ontario, Canada, in 1995 as financial analyst and held the positions of investor relations manager, financial controller and treasury manager.

In 1997, the company was acquired by Volvo Construction Equipment.

In 2001, Olney moved to Brussels, Belgium, to become senior vice president of finance and CFO at the company’s headquarters and returned to Goderich in 2004 as president of the motorgrader business line.

Olney’s new position was effective April 30, 2007.

For more information, visit www.volvo.com.


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