The Board of Directors consists of nine members, without deputies, who are elected at the Annual General Meeting for a period of one year. Three members with deputies are appointed by the Swedish employee organizations, in accordance with Swedish labor laws.
The Board oversees decisions on issues related to the Group’s main goals, strategic orientation and major policies, as well as important issues related to finance, investments, acquisitions and divestments.
Board members shareholdings includes holdings of related natural and legal persons, when applicable. For transactions, follow the link to the Swedish Financial Supervisory Authority.
Independence
The Board is considered to be in compliance with relevant requirements for independence. All Board Members except for Petra Hedengran and Daniel Nodhäll have been considered independent. Petra Hedengran and Daniel Nodhäll have been considered independent in relation to the company and the management of the company, but not in relation to major shareholders of AB Electrolux.
Yannick Fierling is dependent in relation to the company and its management in his capacity as President and CEO.
Board of directors
Torbjörn Lööf
Born 1965. Sweden. Technical education and studies in finance. Elected 2024. Member of the Audit Committee, the People Committee, and the Strategic Planning Committee.
Other assignments: Chair of the Board of Husqvarna AB and Board member of Essity Aktiebolag, AB Blåkläder and Inter IKEA Holding B.V.
Previous positions: Various senior management positions within Inter IKEA and IKEA Holding, including CEO of Inter IKEA Systems, Inter IKEA Holdings and IKEA of Sweden. Chair of the Board and Board member of several IKEA companies. Board member of Mercer International Inc.
Holdings in AB Electrolux: 33,000 B-shares.
Yannick Fierling
Born 1971. France. M.Sc. in Mechanics, and M.Sc. in Engineering Science and Mechanics. In Group Management and employed since 2024.
Previous positions: CEO Europe for Haier Corporation. Several senior positions within Whirlpool Corporation, in Europe and globally. Various positions within SKF Group.
Independent to major shareholders.
Not independent to the company and its management.
Holdings in AB Electrolux: 45,000 B-shares.
Geert Follens
Born 1959. Belgium. M.Sc. in Electromechanical Engineering and a post-graduate degree in Business Economics. Elected 2024. Chair of the Strategic Planning Committee.
Other assignments: Board member of AB SKF.
Previous positions: Various senior positions within Atlas Copco AB, including Senior Executive Vice President and Business Area President Vacuum Technique, as well as General Manager of Atlas Copco Compressor Technique customer center, President of the Portable Energy division and before that of the Industrial Air division.
Holdings in AB Electrolux: 0 shares
Petra Hedengran
Born 1964. Sweden. LL.M. Elected 2014. Chair of the People Committee.
Other assignments: General Counsel and member of Group Management of Investor AB. Board member of The Research Institute of Industrial Economics, and the Association for Generally Accepted Principles in the Securities Market.
Previous positions: Attorney and partner at Advokatfirman Lindahl. Various positions within the ABB Financial Services, including General Counsel of ABB Financial Services, Nordic Region. Law Clerk with the Stockholm District Court. Associate at Gunnar Lindhs Advokatbyrå.
Holdings in AB Electrolux: 15,900 B-shares.
Ulla Litzén
Born 1956. Sweden. B.Sc. in Economics and Business Administration. M.B.A. Honorary Doctorate at the Stockholm School of Economics. Elected 2016. Chair of the Electrolux Audit Committee and member of the Strategic Planning Committee.
Other assignments: Board member of Epiroc AB, Ratos AB and Stockholm School of Economics Association.
Previous positions: President of W Capital Management AB, wholly owned by the Wallenberg Foundations. Various leading positions at Investor AB, including Managing Director and member of Group Management, responsible for Core Holdings and Analysis. Board member of Atlas Copco AB, Alfa Laval AB, Boliden AB, Husqvarna AB, NCC AB, and AB SKF.
Holdings in AB Electrolux: 12,000 B-shares.
Daniel Nodhäll
Born 1978. Sweden. M.Sc. in Economics and Business Administration. Elected 2024. Member of the Audit Committee and the Strategic Planning Committee.
Other assignments: Head of Listed Companies and member of the Executive Leadership Team of Investor AB. Board member of Husqvarna AB, and Electrolux Professional AB.
Previous positions: Various positions at Investor AB, including Investment Manager and Head of Capital Goods. Board member of SAAB AB.
Holdings in AB Electrolux: 18,000 B-shares.
Karin Overbeck
Born 1966. Germany. Master’s degree in Economics, Marketing and Finance. Elected 2020. Member of the Electrolux People Committee
Other assignments: CEO of Freudenberg Home and Cleaning Solutions GmbH. Member of Executive Council, Freudenberg Group. Vice President and member of the Board of the German Brands Association.
Previous positions: Various senior positions within the KAO Corporation, as well as in L’Oréal, Tchibo, and Unilever.
Holdings in AB Electrolux: 3,135 B-shares.
David Porter
Born 1965. USA. Bachelor’s degree, Finance. Elected 2016.
Previous positions: Head of Microsoft Stores, Corporate Vice President Microsoft Corp., Chair of Serta Simmons Bedding LLC. Head of Worldwide Product Distribution at DreamWorks Animation SKG. Various positions within Walmart Stores, Inc.
Holdings in AB Electrolux: 13,665 B-shares.
Michael Rauterkus
Born 1966. Germany. Master’s degree in Business Administration. Elected 2024.
Other assignments: President and CEO of Uponor Group and member of the Executive Committee of Georg Fischer in Switzerland.
Previous positions: Various senior management positions at Grohe AG, including CEO. Positions at Hasbro Inc., Levi Strauss & Co., and Kraft Jacobs Suchard (Mondelez).
Holdings in AB Electrolux: 12,200 B-shares.
Employee representatives, Members
Viveca Brinkenfeldt-Lever
Born 1960.
Representative of the Federation of the Salaried Employees in Industry and Services. Elected 2018.
Holdings in AB Electrolux: 0 shares.
Peter Ferm
Born 1965.
Representative of the Federation of the Salaried Employees in Industry and Services. Elected 2018.
Holdings in AB Electrolux: 100 B-shares.
Wilson Quispe
Born 1978.
Representative of the Federation of Salaried Employees in Industry and Services. Elected 2022.
Holdings in AB Electrolux: 7,000 B-shares.
Employee representatives, Deputy Members
Ulrik Danestad
Born 1969.
Representative of the Federation of Salaried Employees in Industry and Services. Elected 2020.
Holdings in AB Electrolux: 20 B-shares.
Secretary of the Board
Ulrika Elfving
Born 1973. LL.M. General Counsel of AB Electrolux. Secretary of the Electrolux Board since 2022.
Holdings in AB Electrolux: 5,360 B-shares.
Auditors
Johan Rippe
Born 1968. Authorized Public Accountant. Partner in Charge
Other assignments: Stena Aktiebolag and Axel Johnson Aktiebolag
Holdings in AB Electrolux: 0 shares.
At the Annual General Meeting in 2025, Öhrlings PricewaterhouseCoopers AB were elected as auditors until the Annual General Meeting in 2026.