The nomination committee of AB Electrolux proposes that Torbjörn Lööf be elected as the new chairman of the board of directors of AB Electrolux at the 2024 annual general meeting.
STOCKHOLM, October 26, 2023 /PRNewswire/ — As previously reported, Staffan Bohman announced that he will not be re-elected at the 2024 annual general meeting. The nomination committee proposes that Torbjörn Lööf be elected as the new chairman of the board of directors at the annual general meeting of AB Electrolux on March 27, 2024 .
Torbjörn Lööf is a member of the board of directors of Husqvarna AB, Essity Aktiebolag, AB Blåkläder and Mercer International Inc. During the period 1989-2020, Torbjörn Lööf held several management positions within the IKEA sphere. Among other positions, he was CEO of Inter IKEA Holding, Inter IKEA Systems and IKEA of Sweden. He also held management positions at IKEA in Sweden And Italy and served as chairman and board member of numerous IKEA companies.
Torbjörn Lööf was born in 1965 and is a Swedish citizen.
Torbjörn Lööf has a strong background within the IKEA sphere with extensive experience working with a strong brand, global supply chains and strategic ability to successfully grow and adapt the business in a changing global environment as well as Experience as a board member of public companies. The Nominating Committee believes this makes him very well positioned, as Chairman of AB Electrolux, to lead the company’s ongoing work to refine its strategic direction to grow profitably in certain categories of household appliances in the mid- and high-end segments and to enable a return to good results and profitability levels and the achievement of the company’s financial objectives.
The full proposal of the Nomination Committee will be presented in the notice convening the 2024 Annual General Meeting.
This disclosure contains information that AB Electrolux is required to make public in accordance with the European Market Abuse Regulation (EU No. 596/2014). The information has been submitted for publication, through the contact person, on 25-10-2023 7:00 p.m. (Paris time).
For more information:
Sophie Arnius, Investor Relations, +46 70 590 80 72
Electrolux Group Press Hotline, +46 8 657 65 07
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SOURCE Electrolux Group
