The Nomination Committee of AB Electrolux
proposes that Torbjörn Lööf is elected as new Chairman of the Board
of AB Electrolux at the Annual General Meeting 2024.
STOCKHOLM, Oct. 25, 2023 /PRNewswire/ -- As previously
communicated, Staffan Bohman has
announced that he will not be available for re-election at the
Annual General Meeting 2024. The Nomination Committee proposes that
Torbjörn Lööf is elected as new Chairman of the Board at the Annual
General Meeting of AB Electrolux on March, 27, 2024.
Torbjörn Lööf is Board member of Husqvarna AB, Essity
Aktiebolag, AB Blåkläder and Mercer International Inc. During the
period 1989-2020, Torbjörn Lööf has held several senior management
positions within the IKEA-sphere. Among other positions, he has
been CEO of Inter IKEA Holding, Inter IKEA Systems and IKEA of
Sweden. He has also held senior
management positions at IKEA in Sweden and Italy and been Chairman and Board member of
numerous IKEA-companies.
Torbjörn Lööf is born 1965 and is a Swedish citizen.
Torbjörn Lööf has a solid background within the IKEA-sphere with
extensive experience of working with a strong brand, global supply
chains and strategic ability to develop and successfully adapt the
business in a changing global environment as well as experience as
Board member of public companies. It is the opinion of the
Nomination Committee that this makes him very well suited as
Chairman of AB Electrolux to lead the company's ongoing work to
sharpen its strategic focus to grow profitably in selected home
appliance categories in the mid- and premium segments and enable
return to good results and profitability levels and achieving the
company's financial targets.
The Nomination Committee's complete proposal will be presented
in the notice to the Annual General Meeting 2024.
This disclosure contains information that AB Electrolux is
obliged to make public pursuant to the EU Market Abuse Regulation
(EU nr 596/2014). The information was submitted for publication,
through the agency of the contact person, on 25-10-2023 19:00
CET.
For more information:
Sophie Arnius, Investor Relations, +46 70 590 80 72
Electrolux Group Press Hotline, +46 8 657 65 07
The following files are available for download:
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https://mb.cision.com/Main/1853/3862317/2386235.pdf
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231025 Press release
proposal new Chairman
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