Pehr G. Gyllenhammar
| Pehr G. Gyllenhammar | |
|---|---|
Gyllenhammar, 2014.
|
|
| Born |
Pehr Gustaf Gyllenhammar 28 April 1935 Gothenburg, Sweden |
| Nationality | Swedish |
| Alma mater | Lund University |
| Employer | Volvo (1970–1993) |
| Title | CEO of Volvo |
| Term | 1971–1983 |
| Spouse(s) |
Christina Engellau (m. 1959; d. 2008) Christel Behrmann (m. 2010; div. 2012) Lee Welton Croll (m. 2013) |
| Children |
Cecilia (b. 1961) Charlotte (b. 1963) Oscar (b. 1966) Sophie (b. 1969) Daughter (b. 2016) |
| Parent(s) |
Pehr Gyllenhammar Aina Gyllenhammar |
Pehr Gustaf Gyllenhammar (born 28 April 1935) is a Swedish businessman. He is mainly known for his 24 years as CEO and chairman of Volvo, between 1970 and 1994. In the early 1980s he took the initiative for the European Round Table of Industrialists (ERT).
Gyllenhammar is now Vice Chairman of Rothschild Europe. Gyllenhammar was made Commander of the "Ordre National du Mérite" in France in 1980 and he was made Commander of the Legion of Honour in France in 1987. Gyllenhammar became an Honorary Master of the Bench of the Inner Temple, London in 2001,
Gyllenhammar was born in Gothenburg, Sweden and is the son of Pehr Gyllenhammar Sr. and Aina (née Kaplan). Gyllenhammar graduated from Lund University with a degree in law in 1959 and did internship at law firms in Sweden and studied maritime law in the United States and then aspects of Industrialism at the Centre d’Etudes Industrielles in Geneva, Switzerland in 1968.
He was employed at the insurance company Amphion AB in Gothenburg from 1961 to 1964 and became Deputy Chief Administrative Officer of Skandia Group in 1965. Gyllenhammar became Deputy CEO in 1968 in 1970 he replaced his father, Pehr Gyllenhammar Sr., as CEO. After only a few months he moved to Volvo where he became the CEO in 1971. He replaced his father-in-law Gunnar Engellau, who became chairman, in that position.
Gyllenhammar became one of the most famous businessmen in Sweden at Volvo. He mixed success with failure. He oversaw a wide-reaching diversification of Volvo's business, buying, among other things pharmaceutical company Pharmacia. What finally forced him to leave Volvo was a failed merger with French company Renault.
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