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...Read more
Remuneration to Board members
Remuneration to Board members is determined by the AGM and distributed to the Board members who are not employed by Electrolux.
The Nomination Committee has recommended that Board members appointed by the AGM acquire Electrolux shares and that these are maintained as long as they are part of the Board. A shareholding of a Board member should after five years correspond to the value of one gross annual fee.
Board members who are not employed by Electrolux are not invited to participate in the Group’s long-term incentive programs for senior managers and key employees.
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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.Read more
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...Read more