Board of directors

The Board of Directors consists of eight 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 in AB Electrolux are stated as of March 31, 2022. 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 Jonas Samuelson have been considered independent. Petra Hedengran has been considered independent in relation to the company and the management of the company, but not in relation to major shareholders of Electrolux. Jonas Samuelson has been considered to be independent in relation to major shareholders of Electrolux, but not, in his capacity as President and CEO, in relation to the company and the management of the company.

Board of directors

Staffan Bohman
Staffan Bohman
Chairman

Born 1949. Sweden. B.Sc. Economics and Business Administration. Elected 2018. Member of the Electrolux Audit Committee and the Electrolux People Committee.

Other assignments: Chairman of the Board of the Research Institute of Industrial Economics and the German-Swedish Chamber of Commerce. Board Member of Atlas Copco AB and Åke Wiberg Foundation. Member of the Royal Swedish Academy of Engineering Sciences (IVA).

Previous positions: President and CEO of Sapa and DeLaval as well as Board Member of inter alia Scania AB, Inter-IKEA Holding NV and Rezidor Hotel Group AB.

Holdings in AB Electrolux: 150,000 B shares. 120,279 call options, issued by Investor AB entitling the right to purchase Electrolux B shares.

Petra Hedengran
Petra Hedengran

Born 1964. Sweden. M. of Laws. Elected 2014. Chairman of the Electrolux People Committee and member of the Electrolux Audit Committee.

Other assignments: General Counsel and member of Group Management of Investor AB. Board Member of Alecta and 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. 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.

Henrik Henriksson
Henrik Henriksson

Born 1970. Sweden. B.Sc. in Business Administration. Elected 2020.

Other assignments: President and CEO of H2 Green Steel AB. Board Member of Hexagon AB, Creades AB, SAAB AB and the Confederation of Swedish Enterprise (Sw. Svenskt Näringsliv).

Previous positions: Various leading positions within Scania, including President and CEO of Scania AB

Holdings in AB Electrolux: 425 B-shares

Ulla Litzén
Ulla Litzén

Born 1956. Sweden. B.Sc. Econ. and M.B.A. Elected 2016. Chairman of the Electrolux Audit Committee.

Other assignments: Board Member of Epiroc AB, Ratos AB, Stockholm School of Economics and the School of Economics Association.

Previous positions: President of W Capital Management AB, wholly-owned by the Wallenberg Foundations. Various leading positions within the Investor Group including Managing Director and member of Group Management of Investor AB.

Holdings in AB Electrolux: 12,000 B shares.

Karin Overbeck
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.  

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.

Fredrik Persson
Fredrik Persson

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

Other assignments: Chairman of the Board of JM AB, the Confederation of European Business (BusinessEurope) and Ellevio AB. Board Member of Hufvudstaden AB, ICA Gruppen AB and Ahlström Capital Oy.

Previous positions: Various leading positions within Axel Johnson AB including President and CEO. Head of Research of Aros Securities AB. Various positions within ABB Financial Services AB.

Holdings in AB Electrolux: 5,000 B-shares.

David Porter
David Porter

Born 1965. USA. Bachelor’s degree, Finance. Elected 2016.

Other assignments: Head of Microsoft Stores, Corporate Vice President, Microsoft Corp.

Previous positions: Head of Worldwide Product Distribution at DreamWorks Animation SKG. Various positions within WalMart Stores, Inc.

Holdings in AB Electrolux: 3,315 B-shares.

Jonas Samuelson
Jonas Samuelson
President and CEO

Born 1968. Sweden. M.Sc. Econ. Elected 2016.

Other assignments: Board Member of Axel Johnson AB and Volvo Cars.

Previous positions: Various senior positions within Electrolux including CFO of AB Electrolux, COO Global Operations Major Appliances and Head of Major Appliances EMEA. Chief Financial Officer and Executive Vice President of Munters AB. Various positions within General Motors, mainly in the U.S., and Saab Automobile AB.

Holdings in AB Electrolux: 65,211 B-shares.

Employee representatives, Members

Viveca Brinkenfeldt-Lever
Viveca Brinkenfeldt-Lever

Born 1960. Representative of the Federation of Salaried Employees in Industry and Services. Elected 2018.

Holdings in AB Electrolux: 0 shares.

Peter Ferm
Peter Ferm

Born 1965. Representative of the Federation of Salaried Employees in Industry and Services. Elected 2018.

Holdings in AB Electrolux: 100 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.

Wilson Quispe

Born 1978. Representative of the Federation of Salaried Employees in Industry and Services. Elected 2020.

Holdings in AB Electrolux: 500 B-shares.

Secretary of the Board

Ulrika Elfving
Group General Counsel

Born 1973. Sweden. M. of Laws. Secretary of the Board since 2022 and employed since 2010.

Previous positions: Head of Electrolux Corporate Legal Department. Attorney at Gernandt & Danielsson Advokatbyrå. Legal Clerk with Svea Court of Appeal. Law Clerk with Stockholm District Court.

Holdings in AB Electrolux: 1,134 B-shares.

Auditors

Peter Nyllinge
Peter Nyllinge
PricewaterhouseCoopers AB

Born 1966. Authorized Public Accountant. Partner in Charge
Other assignments: Getinge AB, Saab AB and Sandvik AB
Holdings in AB Electrolux: 0 shares
At the Annual General Meeting in 2022, PricewaterhouseCoopers AB were elected as auditors until the Annual General Meeting in 2023.