Volvo's Jacoby Suffers Stroke, On Leave

Volvo Cars CEO Stefan Jacoby, who came to Volvo in 2010 after a long time at Volkswagen, has suffered a mild stroke and will take sick leave for the next month, the company said in a statement on Sunday. Jacoby, 54, was placed under medical supervision and has already started the recovery process, the firm said. Jan Gurander, the company's chief financial officer, is serving as acting CEO during Jacoby's absence.

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