Volvo Group Mourns the Loss of Chief Purchasing Officer Andrea Fuder
In a sad turn of events, Andrea Fuder, who held the position of Chief Purchasing Officer at Volvo Group, has unexpectedly passed away due to a short illness. Andrea had been a part of Volvo’s Executive Board since 2017 and was highly regarded for her dedication and visionary leadership. Her untimely passing comes as a tremendous loss not only for her family and friends but also for the entire automotive industry.
Andrea Fuder was instrumental in leading Volvo’s global purchasing team through transformative changes, especially during challenging times marked by a global pandemic and supply chain disruptions. Under her leadership, the purchasing department became a pivotal force driving innovations toward sustainable transport solutions. She played a significant role in reshaping how Volvo approached mobility, making it more environmentally friendly and sustainable.
Martin Lundstedt, President and CEO of Volvo Group, expressed his condolences, stating, "My thoughts are with Andrea's loved ones during this difficult time of loss. There is no doubt that she leaves behind a remarkable legacy after having contributed vitally to Volvo Group's success over the past eight years. Andrea was not just a Chief Purchasing Officer; she was a catalyst for positive change within our organization and the industry at large."
Throughout her tenure, Andrea navigated the company through unprecedented industry challenges, including geopolitical issues and fluctuating market demands. Her strategic insights and commitment to developing robust supply partnerships significantly bolstered Volvo’s operational resilience. She understood that effective supply chain management was central to the company's growth and sustainability goals, a vision that will continue to be a guiding principle for Volvo Group.
In the absence of Andrea, Jens Holtinger, Executive Vice President of Group Trucks Operations, has stepped in as the acting Chief Purchasing Officer. This transition aims to ensure continuity in leadership and maintain the momentum Andrea had established.
Andrea's contribution to Volvo extends beyond numbers and strategies; she fostered a culture within the purchasing organization that emphasized collaboration, transparency, and innovation. Many colleagues remember her as a supportive mentor who continuously encouraged professional development and advocated for sustainable practices within supply chains.
Volvo Group, established in 1927 and headquartered in Gothenburg, Sweden, remains dedicated to shaping sustainable transportation solutions. The company boasts over 100,000 employees and conducts operations in nearly 190 markets worldwide. In 2024, the company achieved net sales of SEK 527 billion, demonstrating its pivotal role in the transportation and infrastructure sector. As Volvo mourns the loss of a visionary leader, it also reaffirms its commitment to uphold the values Andrea embodied.
Andrea Fuder's legacy will continue to inspire and shape the future of Volvo Group and the industry. As the team moves forward, they carry with them the values and insights she championed, ensuring that her impact will resonate in their ongoing pursuit of excellence and sustainability in transportation solutions. The Volvo family will deeply miss her guiding presence and unwavering dedication to improving their operations for years to come.