Volvo Car Proposes Appointment of Ruby Lu to Board

By Dominic Chopping

STOCKHOLM--Volvo Car AB said Monday that it proposes Ruby Lu as a new member of the board of directors.

The Swedish auto maker said Ruby Lu is a venture capitalist investing in technology start-ups in the U.S. and China who founded early-stage technology investment firm Atypical Ventures in 2019.

Ms. Lu is an independent board member of Unilever PLC, Yum China Holdings Inc. and Uxin Ltd. In 2006, she co-founded DCM China, a venture capital firm, and was previously a vice president in Goldman Sachs' technology media and telecommunication banking group in the U.S.

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(END) Dow Jones Newswires

02-06-23 0344ET