Arrow Announces Steve Clough As New PresidentMay 2010 KANSAS CITY, MO – Arrow Truck Sales, Inc., the leading source of pre-owned heavy-duty and medium-duty trucks in North America, announced today that Steve Clough has been named President. Clough succeeds Carl Heikel, who is now leading international operations for Mack Trucks, Inc. Clough began his career with White Motor Company in 1980 and later transferred to the Volvo White Truck Corporation. After holding a variety of management positions with the Volvo Group, he has served as Arrow’s chief financial officer since the company was acquired by Volvo. “I am very proud to now be heading up Arrow, with its lengthy and dominant position within the used truck industry,” Clough said. Arrow is celebrating its 60th anniversary this year. Founded in April, 1950 by business partners Jerry Nerman and the late Melvin Spitcaufsky, the company started as a small used truck lot in Kansas City, MO. Arrow has since grown and prospered into 19 retail stores located in the US and Canada – including the recent opening of two new retail stores in Denver and Minneapolis. – carrying a diverse inventory of all makes and models and offering a variety of value-add services. Visit www.arrowtruck.com to learn more about Arrow. Arrow Truck Sales, Inc. is part of the Volvo Group, one of the world's leading manufacturers of trucks, buses and construction equipment, drive systems for marine and industrial applications, aerospace components and services, and one of the world's leading producers of heavy-diesel engines (9-16 liter). The Group also provides complete solutions for financing and service. The Volvo Group, which employs about 96,000 people, has production facilities in 19 countries and sells their products in more than 180 markets. Volvo Group sales for 2009 amounted to approx. 29 BUSD. The Volvo Group is a publicly-held company headquartered in Gothenburg, Sweden. Volvo Shares are listed on NASDAQ OMX Nordic Exchange and are traded OTC in the US. FOR IMMEDIATE RELEASE For more Information: |
