Corporate governance

Remuneration Committee

Corporate governance

One of the Remuneration Committee’s primary tasks is to propose guidelines for the remuneration to the members of Group Management.

The Committee also proposes changes in remuneration to the President, for resolution by the Board, and reviews and resolves on changes in remuneration to other members of Group Management on proposal by the President.

The Remuneration Committee’s tasks include:

  • To prepare and evaluate remuneration guidelines for Group Management.
  • To prepare and evaluate targets and principles for variable compensation.
  • To prepare terms for pensions, notices of termination and severance pay as well as other benefits for Group Management.
  • To prepare and evaluate Electrolux long-term incentive programs.

The Committee is comprised of three Board members: Barbara Milian Thoralfsson (Chairman), Lorna Davis and Marcus Wallenberg. At least two meetings are convened annually. Additional meetings are held as needed.

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25 April, 2013
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Board of directors

25 April, 2013
About

The Board of Directors consists of ten members, without deputies, who are elected by the Annual General Meeting for a period of one year. Three members with deputies are appointed by the Swedish employee...

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Corporate governance

Audit Committee

Corporate governance

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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Corporate governance

Board composition

Corporate governance

The Electrolux Board is comprised of ten 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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