Board of directors

20 October, 2014

The Board of Directors consists of nine members, without deputies, who are elected at the Annual General Meeting for a period of one year. Three members with deputies are appointed by the Swedish employee organizations, in accordance with Swedish labor laws.

The Board oversees decisions on issues related to the Group’s main goals, strategic orientation and major policies, as well as important issues related to finance, investments, acquisitions and divestments.

Holdings in AB Electrolux as of September 30, 2014.

Ronnie Leten, Electrolux

Ronnie Leten

Chairman

Born 1956. M.Sc. Applied Econ. Elected 2012. Member of the Electrolux Remuneration Committee.

President and CEO of Atlas Copco AB since 2009.

Previous positions: Various leading positions within the Atlas Copco Group, 1997-2009 and 1985-1995. Plant Manager of Tenneco Automotive Inc, Belgium, 1995-1997. Various positions within General Biscuits, 1979-1985.

Holdings in AB Electrolux: 3,000 B-shares.

Electrolux-Torben-B-Sorensen-159x159

Torben Ballegaard Sørensen

Deputy Chairman

Born 1951. M.B.A. Elected 2007. Chairman of the Electrolux Audit Committee.

Board Member of Egmont Fonden, Pandora Holding A/S, Systematic Software Engineering A/S, Tajco A/S, AS3-Companies A/S, CAT Science Park A/S and Liquid Vanity ApS.

Previous positions: President and CEO of Bang & Olufsen A/S, 2001-2008. Executive Vice President LEGO A/S, 1996-2001. Managing Director of Computer Composition International, CCI-Europe, 1988-1996. Chief Financial Officer of Aarhuus Stiftsbogtrykkerie, 1981-1988

Holdings in AB Electrolux: 5,000 B-shares.

Electrolux-Lorna-Davis-159x159

Lorna Davis

Born 1959. Bachelor of Social Science and Psychology. Elected 2010. Member of the Electrolux Remuneration Committee.

President of Biscuits, North America with Mondelēz International since 2013.

Previous positions: Senior Vice President and Global Biscuits Category Head with Mondelēz International (former part of Kraft Foods), 2011-2013. President of Danone Biscuits/Kraft Foods China, 2006-2011. Senior positions in Danone in the UK and New Zealand. Various positions in consumer goods in Australia and South Africa.

Holdings in AB Electrolux: 2,226 B-shares.

Petra Hedengran. Board member. Elected 2014.

Petra Hedengran

Born 1964. Master of Laws. Elected 2014. Chairman of the Electrolux Remuneration Committee.

General Counsel and member of Group Management of Investor AB since 2007.

Board Member of The Association for Generally Accepted Principles in the Securities Market (Sw. Föreningen för god sed på värdepappersmarknaden) and Lindorff Group.

Previous positions: Attorney and partner at Advokatfirman Lindahl, 2002-2007. General Counsel of ABB Financial Services, Nordic Region, 1998-2002. Corporate Counsel at ABB Financial Services, 1991-1998. Law Clerk with the Stockholm District Court, 1990-1991. Associate at Gunnar Lindhs Advokatbyrå, 1988-1990.

Holdings in AB Electrolux: 525 B-shares.

Electrolux-Hasse-Johansson-159x1591

Hasse Johansson

Born 1949. M. Sc. in Electrical Engineering. Elected 2008. Member of the Electrolux Audit Committee.

Chairman of the Board of Dynamate Industrial Services AB, Lindholmen Science Park AB and VINNOVA (Swedish Governmental Agency for Innovation Systems). Board Member of Fouriertransform AB, Skyllbergs Bruk AB, Calix Group AB, Klippan Group AB, Alelion Batteries AB and LeanNova AB.

Previous positions: Executive Vice President and Head of R&D of Scania CV AB, 2001-2009. Founder of Mecel AB (part of Delphi Corporation). Senior management positions within Delphi Corporation, 1990-2001.

Holdings in AB Electrolux: 4,000 B-shares.

Electrolux-Keith-McLoughlin-159x159

Keith R. McLoughlin

Born 1956. B.S. Eng. Elected 2011.

President and CEO of AB Electrolux.

Board member of Briggs & Stratton Corporation.

Previous positions: Senior positions within Electrolux: Head of Major Appliances North America and Executive Vice President of AB Electrolux, 2003, also Head of Major Appliances Latin America, 2004–2007, and Chief Operations Officer Major Appliances, 2009–2010. Senior management positions within DuPont, USA, 1981–2003.

Holdings in AB Electrolux: 96,573 B-shares.

Bert-Nordberg-Electrolux-159x159

Bert Nordberg

Born 1956. Engineer. Elected 2013.

Chairman of the Board of Vestas Wind Systems A/S and Ideonfonden AB. Board Member of Svenska Cellulosa AB SCA and BlackBerry Ltd.

Previous positions: Chairman, President and CEO of Sony Mobile Communications AB, 2009-2012. Various leading positions within the Ericsson Group, 1996-2009. Various positions within Data General Corporation and Digital Equipment Corporation 1985-1996.

Holdings in AB Electrolux: Through company: 3,000 B-shares.

Fredrik-Persson-Electrolux-159x159

Fredrik Persson

Born 1968. M.Sc. Econ. Elected 2012. Member of the Electrolux Audit Committee.

President and CEO of Axel Johnson AB since 2007.

Board Chairman of Axfood AB, Svensk Bevakningstjänst AB, Axstores AB and Mekonomen AB. Deputy Chairman of Martin & Servera AB and the Swedish Trade Federation. Board member of several companies within the Axel Johnson Group, the Confederation of Swedish Enterprise and Lancelot Holding AB.

Previous positions: Executive Vice President and Chief Financial Officer of Axel Johnson AB, 2000–2007. Head of Research of Aros Securities AB, 1998–2000. Various positions within ABB Financial Services AB, 1992–1998.

Holdings in AB Electrolux: 2,000 B-shares.

Electrolux-Ulrika-Saxon-159x159

Ulrika Saxon

Born 1966. Studies in Economics at the Stockholm School of Economics. Elected 2011.

President and CEO of Bonnier Growth Media since 2012 and member of Bonnier AB group management since 2009.

Board Member of Svensk Filmindustri, Nordic Cinema Group, Mag+ Inc., Scandinavian Studios, SF Anytime, Toca Boca, Bonnier Gaming and United Screens.

Previous positions: Senior positions with various companies within the Bonnier Group since 1998; CEO of Bonnier Tidskrifter, 2005-2012, Executive Director of Bonnier Magazines, 2009-2012, Executive Director of Bonnier Entertainment, 2011, and CEO of Bonzoo Media, 2002-2005. Senior positions within marketing and media strategy consultancy 1991–1998.

Holdings in AB Electrolux: 1,000 B-shares.

Employee representatives, Members

Electrolux-Ola-Bertilsson-159x159

Ola Bertilsson

Born 1955. Representative of the Swedish Confederation of Trade Unions. Elected 2006.

Holdings in AB Electrolux: 0 shares.

Electrolux-Gunilla-Brandt-159x159

Gunilla Brandt

Born 1953. Representative of the Federation of Salaried Employees in Industry and Services. Elected 2006.

Holdings in AB Electrolux: 0 shares.

Electrolux-Ulf-Carlsson-159x159

Ulf Carlsson

Born 1958. Representative of the Swedish Confederation of Trade Unions. Elected 2001.

Holdings in AB Electrolux: 0 shares.

Employee representatives, Deputy Members

Representative of the Federation of Salaried Employees in Industry and Services. Elected 2013.

Richard Dellner

Born 1953. Representative of the Federation of Salaried Employees in Industry and Services. Elected 2013.

Holdings in AB Electrolux: 500 B-shares.

Peter Ferm Electrolux

Peter Ferm

Born 1965. Representative of the Federation of Salaried Employees in Industry and Services. Elected 2014.

Holdings in AB Electrolux: 0 shares.

Bo-Rothzen-Electrolux-159x159

Bo Rothzén

Born 1963. Representative of the Swedish Confederation of Trade Unions. Elected 2012.

Holdings in AB Electrolux: 0 shares.

Secretary of the Board

Electrolux

Cecilia Vieweg

Born 1955. B. of Law. General Counsel of AB Electrolux.

Secretary of the Electrolux Board since 1999.

Holdings in AB Electrolux: 17,402 B-shares

Auditors

Electrolux

Anders Lundin

PricewaterhouseCoopers AB

Born 1956. Authorized Public Accountant. Partner in Charge.

Other audit assignments: Svenska Cellulosa AB SCA and TeliaSonera AB.

Holdings in AB Electrolux: 0 shares.

At the Annual General Meeting in 2014, PricewaterhouseCoopers AB (PwC) was re-elected as auditors for a four-year period until the Annual General Meeting in 2018.

Read more within Organization and management
20 October, 2014

Group management

20 October, 2014

Group Management includes the CEO, the six business area heads and five Group staff heads.

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The Electrolux Group is organized into six business areas. There are four major appliances sectors covering North America, Latin America, Europe/Middle East/Africa and Asia Pacific and two global business areas, small appliances and professional...

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Keith McLoughlin was appointed President and CEO of Electrolux on January 1, 2011. He was previously responsible for R&D, Manufacturing and Purchasing for Electrolux Major Appliances in North America.

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