In a planned succession, Volvo Financial Services today announced that Martin (“Marty”) Weissburg will become president & CEO of Volvo Commercial Finance, its North American captive finance company. Weissburg succeeds Jim Ryan who is retiring. Weissburg will take up his position on Sept. 19.

Weissburg has broad experience in equipment and commercial finance. Previously, he was president of Great Dane Financial and a senior vp of Orix Financial. He also worked in capital markets for Heller Financial and held positions with Caterpillar in the construction equipment and finance areas.