Management change in AB Electrolux

STOCKHOLM--()--Regulatory News:

Electrolux (STO:ELUXA) (STO:ELUXB):

Tomas Eliasson, Chief Financial Officer of AB Electrolux, has decided to resign from the company in order to pursue an external opportunity.

He will remain with the company for up to six months. A process to recruit a successor has been initiated.

“We want to thank Tomas for his important contributions to Electrolux and wish him all the best in his new endeavor,” said Keith McLoughlin, President and CEO of Electrolux.

Tomas Eliasson was appointed CFO of AB Electrolux in 2012. He has previously held the same position at Assa Abloy AB and Seco Tools AB.

Electrolux is a global leader in home appliances, based on deep consumer insight and developed in close collaboration with professional users. We offer thoughtfully designed, innovative solutions for households and businesses, with products such as refrigerators, dishwashers, washing machines, cookers, vacuum cleaners, air conditioners and small domestic appliances. Under esteemed brands including Electrolux, AEG, Zanussi, Frigidaire and Electrolux Grand Cuisine, the Group sells more than 50 million products to customers in more than 150 markets every year. In 2014, Electrolux had sales of SEK 112 billion and 60,000 employees. For more information go to www.electroluxgroup.com.

This information was brought to you by Cision http://news.cision.com

Electrolux discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 08.00 CET on January 22, 2016.

Contacts

Electrolux
Press Hotline
+46 8 657 65 07

Contacts

Electrolux
Press Hotline
+46 8 657 65 07