Clint Moore appointed new CEO of Volvo Penta of the Americas.CHESAPEAKE, Va.--(BUSINESS WIRE)--March 14, 1996--Clint Moore, 48, was today appointed president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Volvo Penta
Volvo Penta is a subsidiary and a business area of Volvo. It provides engines and complete power systems to leisure boats, workboats, power-generating equipment and similar industrial applications. of the Americas Inc., Chesapeake, Va. Moore has a strong 22 year career in the leisure marine business. During the years 1974-1989, he was employed by Mercury Marine Mercury Marine, founded in 1939, is a division of Brunswick Corporation of Lake Forest, Illinois, in the United States. Company beginnings The company began when engineer Carl Kiekhaefer purchased a small outboard motor company in Cedarburg, Wisconsin. and left as vice president of North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Sales and Marketing. He joined Genmar Industries and held a position as president of Glastron and Larson Boats from 1989 to 1994. In 1994 Moore took u a position as president of Basset Boat Company in Florida (a SeaRay boat dealer). "Based on his wide experience, thorough knowledge of the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. leisure marine business and good achievements, we know that Mr. Moore will contribute to our future success," says Anders Hellman, president and CEO of Sweden based AB Volvo Penta, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of AB Volvo. Lennart Hammarstrom, resigning president and CEO of Volvo Penta of the Americas, has been assigned to a global development project for AB Volvo Penta's executive management. Volvo Penta of the Americas Inc. is a wholly-owned subsidiary of AB Volvo Penta, a leading supplier of marine propulsion systems for pleasure and commercial applications, as well as heavy-duty diesel engines for industrial applications. Volvo Penta is a registered trademark of AB Volvo, the leading industrial group in Scandinavia, which has its base and core business in Cars, Trucks, Marine and Aerospace activities. (C) 1996 Volvo Penta of the Americas Inc. CONTACT: Volvo Penta of the Americas Inc. Scott Watkins, 804/436-5124 |
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