Continued earnings recovery in our major markets. The improvement in our European operations continued in the second quarter and operating income increased significantly over last year.Read more
Keith McLoughlin, President & CEO of AB Electrolux
Keith McLoughlin is President and CEO of Electrolux since January 1, 2011. He was most recently responsible for R&D, Manufacturing and Purchasing for Electrolux Major Appliances.
McLoughlin joined Electrolux in March 2003 as head of Major Appliances North America. Between 2004 and 2007, he also served as head of Major Appliances Latin America.
Prior to joining Electrolux, McLoughlin enjoyed a 22-year career at the DuPont Corporation. From 1981 to 2003, he held several senior management positions at the company, leading consumer-brand businesses such as Tyvek, Corian and Stainmaster. McLoughlin concluded his tenure at DuPont as Vice President and General Manager of DuPont Nonwovens.
He also serves on the board of directors of Briggs & Stratton Corp., since 2007.
Throughout his professional life, McLoughlin has engaged in the tireless pursuit of excellence and innovation. Guided by the belief that people hold the key to success, he embraces a leadership philosophy rooted deeply in a culture of collaboration, transparency, and accountability.
“My education and upbringing placed a high value on working together to achieve a shared goal. Commitment to a common purpose is tremendously important in today’s fiercely competitive marketplace. Everyone in the organization must have a crystal clear understanding of the company’s vision, mission and brand promise,” says McLoughlin.
McLoughlin’s career spans roughly 30 years in the ever-evolving world of consumer durable goods. Despite tremendous technological innovations and increasingly advanced ad campaigns, he continues to believe that success hinges on the genuine desire to understand and respond to customer needs.
“We operate in a fantastically complex environment, yet the fundamentals haven’t changed. It’s about giving the customer the right product at the right price. It’s about understanding the human impulse. And it’s about showing respect for the planet and its resources. Electrolux has never lost sight of what it means to be a great company and a good corporate citizen,” concludes McLoughlin.
Born in Brooklyn, New York, in 1956, McLoughlin earned a Bachelor of Science in Engineering from the United States Military Academy at West Point.
McLoughlin likes to ski and is music enthusiast. His current favorite hobby is to together with his wife, watch his son play soccer and his daughter play basketball.
Read more about Keith McLoughlin
Group Management includes the President, the six business sector heads and five Group staff heads.Read more
Continued good growth. Electrolux continued to achieve strong organic sales growth, totaling 4.5% for the quarter. Following a long period of market decline, European demand for appliances improved during the first quarter of 2014....Read more
The Annual General Meeting of AB Electrolux was held at 5 pm on Wednesday, March 26, 2014, at Stockholm Waterfront Congress Centre, Nils Ericsons Plan 4, Stockholm, Sweden.Read more
Continued strong organic growth and restructuring activities moving ahead. In 2013, Electrolux delivered organic sales growth of 4.5%, the second consecutive year ahead of our annual target of 4%. Over the past two years,...Read more
Electrolux today at its capital markets day presents a status update on the Group’s strategy, focusing on actions to drive profitable growth and further improve operational excellence. President and CEO Keith McLoughlin and members...Read more
Delivering on our growth strategy while we take further actions to reduce costs. Electrolux North America continues to deliver strong sales and earnings growth, while Europe continues to suffer from weak demand. In response...Read more
Electrolux will host a seminar on the North American Operations on July 19 in New York. We have the pleasure of inviting you to Electrolux North American Operations Seminar on July 19 in...Read more
Strong performance in North America compensated weak development in Europe. Electrolux in North America maintained strong sales and earnings growth during the second quarter, which is expected to continue throughout the year.Read more
Strong North America, Weak Europe. Supported by a gradual recovery in the market, the Electrolux North American appliance business generated strong sales and earnings growth. Results in Latin America, Europe...Read more