Mack Financial Services Appoints Patrick Shannon President of its North American Region
GREENSBORO, NC (June 22, 2020) – Mack Trucks today announced a leadership change at its Mack Financial Services captive finance arm. Effective July 1, Patrick Shannon will be the president of Mack Financial Services, North American region.
In this role, Shannon will be responsible for the business operations and financial performance for MFS in the U.S., Canada and Mexico.
Shannon has more than 30 years of experience in business operations and financial services and has had various senior leadership roles in sales, wholesale operations and risk management. He most recently was the senior vice president of risk and chief credit officer for MFS.
Shannon has a bachelor’s degree in business administration from Saint John’s University, Collegeville, Minnesota, and an MBA from Wake Forest University, WinstonSalem, North Carolina. Shannon will continue to be based in Greensboro, North Carolina.
CAPTION: Mack Trucks today announced a leadership change at its Mack Financial Services captive finance arm. Effective July 1, Patrick Shannon will be the president of Mack Financial Services, North American region.
Mack® trucks are sold and serviced through an extensive distribution network in more than 45 countries. Mack trucks, diesel engines and transmissions sold in North America are assembled in the United States. Mack manufacturing locations are certified to the internationally recognized ISO 9001 standard for quality, ISO 14001 standard for environmental management systems and OHSAS 18001 standard for health and safety management systems. Mack is also a proud sponsor of Share the Road, an American Trucking Associations public information campaign aimed at enhancing the safety of our nation's roadways.
Mack Trucks is part of the Volvo Group, which is driving prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase customer uptime and productivity. Founded in 1927, the Volvo Group is committed to shaping the future landscape of sustainable transport and infrastructure solutions. The Volvo Group is headquartered in Gothenburg, Sweden, employs almost 100,000 people and serves customers in more than 190 markets. In 2020, net sales amounted to about $36.8 billion. For more information, please visit www.volvogroup.com.