Effective July 1, Patrick Shannon will have overall responsibility for Volvo Financial Services (VFS) and Mack Financial Services’ business operations and financial results in the U.S., Canada and Mexico.

Shannon has more than 30 years of experience in business operations and financial services, the majority of those with VFS and Volvo Group, the company says. 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.