With reference to recent speculations in Swedish media, Electrolux has issued the following comment
“We can confirm that Keith McLoughlin has not resigned as Electrolux President & CEO. It is normal practice that well-run public companies conduct succession planning. As previously communicated on April 8 this year, Electrolux is searching for a new head of its business area Major Appliances North America. In addition to his role as President & CEO, Keith McLoughlin currently holds interim responsibility also for the North American operations.”
For further information, please contact:
- Electrolux Investor Relations, 46 8 738 60 87
- Electrolux Press Hotline, 46 8 657 65 07.