Volvo CEO Stefan Jacoby has recruited Toscan Bennett, a former Volkswagen of America colleague, as vice president of product planning at the Swedish automaker.
Volvo, which Ford Motor Co. sold to China's Zhejiang Geely Holding Group last year aims to expand sales to 800,000 vehicles a year by 2020 -- if not sooner -- from 373,525 in 2010, tapping rising demand in markets including China.
Bennett "will play an important role in the new Volvo Car Corporation and the planning of our future products," said Lex Kerssemakers, Volvo's senior vice president of product strategy and vehicle line management, in a statement on Wednesday.
Bennett will assume his new role at Volvo Cars immediately, Volvo said.
Bennett has more than 25 years of automotive industry experience, including stints at Ferrari North America, Mitsubishi Motors Europe and Chrysler, among others.
He was named Volkswagen of America vice president of product marketing and strategy in January 2008, three months after Jacoby became CEO of VW's North American operations.
Jacoby took over as Volvo CEO in August 2010 after Ford completed the sale of Volvo to Geely, China's largest private-run carmaker.