Board of Directors and Auditors

Ronnie Leten*

Chairman

Born 1956. Belgium. 
M.Sc. Applied Econ.
Elected 2012.
Member of the Electrolux Remuneration Committee.

Position and board membership

President and CEO of Atlas Copco AB since 2009.

Previous positions

Various leading positions within the Atlas Copco Group, 1997–2009 and 1985–1995. Plant Manager of ­Tenneco Automotive Inc, Belgium, 1995–1997. Various positions within General Biscuits, 1979–1985.

Torben Ballegaard Sørensen*

Deputy Chairman

Born 1951. Denmark.
M.B.A. 
Elected 2007. 
Chairman of the ­Electrolux Audit ­Committee.

Position and board membership

Board member of Egmont Fonden, Systematic Software Engineering A/S, Tajco A/S, AS3-Companies A/S, CAPNOVA A/S and Liquid Vanity ApS.

Previous positions

President and CEO of Bang & Olufsen A/S, 2001–2008. Executive Vice President of LEGO A/S, 1996–2001. Managing Director of ­Computer Composition International, CCI-­Europe, 1988–1996. Chief Financial Officer of ­Aarhuus Stiftsbog­trykkerie, 1981–1988.

Lorna Davis 

Born 1959. Australia.
Bachelor of Social ­Science and ­Psychology. 
Elected 2010. 
Member of the Electrolux Remuneration Committee. 

Position and board membership

President of Biscuits, North America with ­Mondelēz International since 2013.

Previous positions

Senior Vice President and Global Biscuits Category Head with ­Mondelēz International (former part of Kraft Foods), 2011-2013. President of Danone Biscuits/Kraft Foods China, 2006-2011. Senior positions in Danone in the UK and New Zealand. Various positions in consumer goods in Australia and South Africa.

Petra Hedengran*

Born 1964. Sweden.
Master of Laws. 
Elected 2014. 
Chairman of the Electrolux Remun­eration committee.

Position and board membership

General Counsel and member of Group Management of Investor AB since 2007. Board Member of The Association for Generally Accepted Principles in the Securities Market (Sw. Föreningen för god sed på värdepappersmarknaden). 

Previous positions

Attorney and partner at Advokatfirman Lindahl, 2002-2007. General Counsel of ABB Financial Services, Nordic Region, 1998-2002. Corporate Counsel at ABB Financial Services, 1991-1998. Law Clerk with the Stockholm District Court, 1990-1991. Associate at Gunnar Lindhs Advokatbyrå, 1988-1990.

Hasse Johansson

Born 1949. Sweden. 
M. Sc. in Electrical ­Engineering. 
Elected 2008. 
Member of the Electrolux Audit ­Committee.

Position and board membership

Chairman of the board of Dynamate Industrial Services AB, Lindholmen Science Park AB and VINNOVA (Swedish Governmental Agency for Innovation Systems). Board member of Fourier­transform AB, ­Skyllbergs Bruk AB, Calix Group AB, ­Klippan Group AB, Alelion ­Batteries AB and ­LeanNova AB.

Previous positions

Executive Vice President and Head of R&D of Scania CV AB, 2001–2009. Founder of Mecel AB (part of Delphi ­Corporation). Senior management positions within Delphi Corporation, 1990–2001.

Keith McLoughlin

Born 1956. USA.
B.Sc. Engineering. 
Elected 2011.

Position and board membership

President and CEO of AB Electrolux. Board member of Briggs & Stratton Corporation.

Previous positions

Senior positions within Electrolux: Head of Major Appliances North America and Executive Vice President of AB Electrolux, 2003, also Head of Major Appliances Latin America, 2004–2007, and Chief Operations Officer Major Appliances, 2009–2010. Senior ­management positions within DuPont, USA, 1981–2003.

Bert Nordberg

Born 1956. Sweden.
Engineer. 
Elected 2013.

Position and board membership

Chairman of the board of ­Vestas Wind Systems A/S and Ideonfonden AB. Board member of Svenska Cellulosa AB SCA. 

Previous positions

Chairman, President and CEO of Sony Mobile Communications AB, 2009–2012. Various leading positions within the ­Ericsson Group, 1996–2009. ­Various positions within Data General Corporation and Digital ­Equipment Corporation, 1985–1996.

Fredrik Persson

Born 1968. Sweden.
M.Sc. Econ. 
Elected 2012. 
Member of the Electrolux Audit ­Committee. 

Position and board membership

President and CEO of Axel ­Johnson AB since 2007. 
Chairman of the board of Axfood AB, Axstores AB and Mekonomen AB. ­Deputy Chairman of Martin & Servera AB and the Swedish Trade Federation. Board member of several companies within the Axel Johnson Group, the Confederation of Swedish Enterprise and Lancelot Holding AB.

Previous positions

Executive Vice ­President and Chief Financial Officer of Axel Johnson AB, 2000–2007. Head of Research of Aros Securities AB, 1998–2000. Various positions within ABB Financial Services AB, 1992–1998.

Ulrika Saxon

Born 1966. Sweden.
Studies in Economics at the Stockholm School of Economics. 
Elected 2011. 

Position and board membership

President and CEO of Bonnier Growth Media since 2012 and member of Bonnier AB group management since 2009. 
Board member of Svensk Filmindustri, Nordic Cinema Group, Mag+ Inc., Scandinavian Studios, SF Anytime, Toca Boca, Bonnier Gaming and United Screens. 

Previous positions

Senior positions in ­various companies within the Bonnier Group since 1998: CEO of Bonnier Tidskrifter, 2005–2012. Executive Director of Bonnier Magazines, 2009–2012. Executive Director of Bonnier Entertainment, 2011. CEO of Bonzoo Media, 2002–2005. Senior positions within marketing and media strategy consultancy, 1991–1998. 

Chairman    Member

* Ronnie Leten was appointed new Chairman and Petra Hedengran new Board member at the AGM in March 2014. Directly after the AGM, Torben ­Ballegaard Sørensen was appointed Deputy Chairman, Ronnie Leten member of the Remuneration Committee and Petra Hedengran Chairman of the Remuneration Committee.

1) The AGM in 2008, 2009 and 2010 decided that a part of the fees to the Board of Directors should be payable in synthetic shares. A synthetic share is a right to receive in the future an amount corresponding to the stock-market value of a Class B share in Electrolux at the time of payment. For additional information regarding synthetic shares, see note 27. 
2) For further information about the independence assessment, see page 139. 

Holdings in AB Electrolux as of December 31, 2014. The information is regularly updated at www.electroluxgroup.com.

Employee representatives

Ola Bertilsson

Born 1955. Representative of the Swedish Confederation of Trade Unions.
Elected 2006.
Board meeting ­attendance: 14/14
Holdings in AB ­Electrolux: 0 shares.

Gunilla Brandt

Born 1953. Representative of the ­Federation of ­Salaried Employees in Industry and Services. 
Elected 2006.
Board meeting attendance: 13/14
Holdings in AB Electrolux: 0 shares.

Ulf Carlsson

Born 1958. Representative of the Swedish Confederation of Trade Unions. 
Elected 2001.
Board meeting ­attendance: 12/14
Holdings in AB ­Electrolux: 0 shares.

Employee representatives, deputy members

Bo Rothzén

Born 1963. Representative of the Swedish Confederation of Trade Unions. 
Elected 2012. 
Holdings in AB ­Electrolux: 0 shares.

Richard Dellner

Born 1953. Representative of the Federation of Salaried Employees in Industry and ­Services. 
Elected 2013. 
Holdings in AB ­Electrolux: 500 B shares.

Peter Ferm

Born 1965. Representative of the Federation of Salaried Employees in Industry and ­Services. 
Elected 2014. 
Holdings in AB ­Electrolux: 0 shares.

Secretary of the Board

Cecilia Vieweg

Born 1955. B. of Law. General Counsel of AB Electrolux. Secretary of the ­Electrolux Board since 1999. Holdings in AB Electrolux: 17,402 B shares.

Committees of the Board of Directors 

The Remuneration Committee 

The Remuneration Committee comprises three Board members: Petra Hedengran (Chairman), Ronnie Leten and Lorna Davis. 

The Audit Committee 

The Audit Committee is comprised of three Board members: Torben Ballegaard Sørensen (Chairman), Fredrik Persson and Hasse Johansson.

Auditors

PricewaterhouseCoopers AB

Anders Lundin

Born 1956. Authorized Public Accountant. Partner in Charge. 
Other audit assignments: Bonnier Group.
Holdings in AB Electrolux: 0 shares.

Anna Rosendal

Born 1975. Authorized Public Accountant. 
Holdings in AB Electrolux: 0 shares.