“Pat Olney is a deeply experienced senior executive who has a strong track record of delivering on challenging financial and operational objectives for large global organisations,” said Larson. “The board of directors and I believe Pat is the ideal leader to take Neovia forward. We’re confident he will build on our history of delivering operational excellence for our customers.”
According to Neovia, Olney has extensive experience in the automotive and industrial sectors, two of Neovia's main customer bases. He served most recently as chief operating officer of TRW Automotive and before that as president and CEO of Volvo Construction Equipment. Olney worked for 18 years at Volvo and held several other key executive roles including chief financial officer and executive vice-president of operations.
“I am deeply honoured by the opportunity to lead Neovia,” said Olney. “Neovia has tremendous heritage, expertise and talent, and is well positioned for continued success and improvement in its core business, as well as for future growth. I look forward to working with Neovia’s leadership team and employees worldwide to continue the company’s proud legacy and guide its long-term success.”
Larson, who was actively involved in identifying Olney as his long-term successor, will continue to serve on Neovia’s board of directors and will work closely with Olney during his transition to CEO.
Earlier this year Neovia Logistics started a 5-year contract with BMW of North America to provide labour services for the camaker’s regional parts distribution centres in Stockton, California and Minooka, Illinois.