Photo: Volvo Trucks North America
Patrick Shannon

Mack, Volvo Financial Services appoint new regional president

July 10, 2020
Patrick Shannon, who has more than 30 years of experience in business operations and financial services, has been appointed president of Volvo and Mack Financial Services North America region.

Volvo and Mack Financial Services (VFS and MFS) have announced that Patrick Shannon has been appointed president of the North America region. In this role, he will be responsible for the business operations and financial performance for VFS in the U.S., Canada and Mexico.

Shannon has over 30 years of experience in business operations and financial services, the majority of those with VFS and Volvo Group. He has held various senior leadership roles in sales, wholesale operations and risk management. He joined sister company Volvo Construction Equipment in North America as vice president and chief financial officer in 2009 and returned to VFS in 2012 as vice president and later, senior vice president, strategy and business development. Shannon’s most recent role was as senior vice president, risk and chief credit officer for VFS and MFS.

“Shannon will be responsible for developing and maintaining relationships with Volvo Trucks’ customers and dealers, our Volvo Group business areas and partners in the region,” said Marcio Pedroso, president of Volvo Financial Services. “With his experience in working for the Volvo Group brand, and his long history at VFS, I am confident he will continue VFS’ successful growth and the strong support of our Volvo Trucks’ dealers and customers in these key markets.” 

About the Author

FleetOwner Staff

Our Editorial Team

Kevin Jones, Editorial Director, Commercial Vehicle Group

Josh Fisher, Editor-in-Chief

Jade Brasher, Senior Editor

Jeremy Wolfe, Editor

Jenna Hume, Digital Editor

Eric Van Egeren, Art Director

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Leveraging telematics to get the most from insurance

Fleet owners are quickly adopting telematics as part of their risk mitigation strategy. Here’s why.

Reliable EV Charging Solution for Last-Mile Delivery Fleets

Selecting the right EV charging infrastructure and the right partner to best solve your needs are critical. Learn which solution PepsiCo is choosing to power their fleet and help...

Overcoming Common Roadblocks Associated with Fleet Electrification at Scale

Fleets in the United States, are increasingly transitioning from internal combustion engine vehicles to electric vehicles. While this shift presents challenges, there are strategies...

Report: The 2024 State of Heavy-Duty Repair

From capitalizing on the latest revenue trends to implementing strategic financial planning—this report serves as a roadmap for navigating the challenges and opportunities of ...