Polestar Polar Star announces new global board chairman to build a high-performance board

On June 20, 2024, Gothenburg, Sweden-Polestar Polar Star (Nasdaq: PSNY), a global luxury pure electric high-performance car brand, announced that H å kan Samuelsson would step down as chairman of the board.

Winfried Vahland (Van Ande) becomes the new chairman of the board and the new appointment will take effect after the company’s annual general meeting.

Carla De Geyseleer, the current chairman of the audit committee, will no longer run for re-election as a director and focus on administrative positions.

Polestar Polar Star announces new global board chairman to build a high-performance board, announced the new chairman of the board and built an efficient board of directors.

Since the independent development of Polestar Star in 2017, H å kan Samuelsson has witnessed and participated in all the development of Polestar Star, and served as Chairman of the Board during the car lineup and market expansion.

H å kan Samuelsson said: “as the only stable pure electric car company and brand in Europe, I am very proud of the achievements of Polestar Polar Star in such a short period of time.

Polestar Star combines design, luxury and high performance to create attractive cars in the fast-growing electric car market.

” Carla De Geyseleer said, “I want to thank every employee of Polestar Star for giving me the opportunity to contribute to the brand’s early journey.

I will continue to follow the future development of Polestar polar stars.

” Winfried Vahland (Van Ander) said: “on behalf of the board of directors, I would like to thank H å kan and Carla for their dedication and dedication to the Polestar star.

With his background as CEO of Volvo Automotive, H å kan has played an important role in ensuring that Polestar polar stars have a strong position in the global automotive market.

Similarly, Carla played an important role in our listing on Nasdaq and provided great support to the company during its tenure as chairman of the audit committee.

” With its strong global influence and brand awareness, Polestar star is entering a new stage of development: with the continuous expansion of the lineup of models, the status of Polestar star as a high-performance-oriented luxury car brand in the electric era has been widely recognized.

Winfried Vahland (Van Ander) wants to help Polestar Polar Stars shape the foreseeable future: “Polar 2 makes the world marvel.

With just one car, we show the infinite possibilities of a brand with performance and design as the core.

With the launch of Polar 3 and 4, as well as the impressive praise received by Polar 5, our product offensive is being released in an all-round way.

These products emphasize that Polestar star is and will be one of the winners of the transformation of the automotive industry.

I look forward to assisting and guiding Polestar stars to reach their full potential.

” Winfried Vahland (Van Ande) has rich working experience in the automotive industry.

In addition to his leadership position, the engineer, who graduated from economics, served as CEO and President of Volkswagen Group (China) from 2005 to 2010, during which he achieved a turnaround through multi-vehicle strategy and cost reduction.

He served as CEO of Skoda Motor Company from 2010 to 2015 and successfully established Skoda’s future-oriented brand positioning, omni-directional model expansion and record sales performance.

He was a member of Volvo’s board of directors for five years before joining Polestar’s board of directors in January 2024.

Christine Gorjanc and Laura Shen were nominated as members of the new board of directors, and the new appointment will take effect after the company’s annual general meeting.

Christine Gorjanc has more than 35 years of experience in finance and accounting and has served as chief financial officer of Netgear and Arlo Technologies.

She has experience on the boards of both public and private companies, including as chairman of the audit committee and a member of the compensation committee, and she is the chief director of Juniper Network.

Christine will serve as Chairman of the Audit Committee of the Polestar Star Board.

Shen Xiaojie (Laura Shen), with more than 20 years of working experience in the automotive industry, joined Volkswagen Group (China) in 2007 as a vice president, and has served as a legal person and general manager of Volkswagen Group (China) sales company (including Bentley, Lamborghini and Volkswagen brand imported cars), group smart city project manager, Volkswagen brand sales and after-sales director in China, and dean of Volkswagen Institute.

And Executive Vice President of FAW-Volkswagen sales Co., Ltd. Before joining Volkswagen, she was the head of sales of brilliance BMW, assistant to the president of Jiangling Ford and planning minister.

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