Board’s work

The main task of the Board is to manage the Group’s operations in such a manner as to assure the owners that their interests, in terms of a long-term good return on capital, are being met in the best possible manner.

The Board’s work is governed by rules and regulations including the Swedish Companies Act, the Articles of Association, the Code and the working procedures established by the Board. To read more about the Board’s work in 2013 see the Corporate Governance Report 2013.

The Board deals with and decides on group-related issues such as:

  • Main goals.
  • Strategic orientation.
  • Essential issues related to financing, investments, acquisitions and divestments
  • Follow-up and control of operations, communication and organization, including evaluation of the Group’s operational management.
  • Appointment of and, if necessary, dismissal of the President.
  • Overall responsibility for establishing an effective system of internal control and risk management.
  • Important policies.
Read more within The Board of Directors
20 October, 2014

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...

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The main task of the Audit Committee is to oversee the processes of Electrolux financial reporting and internal control in order to secure the quality of the Group’s external reporting.

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The Electrolux Board is comprised of nine members without deputies, who are elected by the AGM, and three members with deputies, who are appointed by the Swedish employee organizations in accordance with Swedish labor...

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