Fredrik Rystedt returns to Electrolux as Chief Administrative Officer

(ELUX) Fredrik Rystedt has been appointed Chief Administrative Officer for the Electrolux Group and will be the new head of Group staff Controlling, Accounting, Taxes, Auditing and IT. Fredrik Rystedt, 37, will succeed Johan Bygge, who earlier was appointed head of Electrolux Consumer Outdoor products.

Fredrik Rystedt joined the Electrolux Group after graduating from Stockholm School of Economics. Between 1989 and 1998 he held several management positions within the Electrolux Group, including head of Mergers & Acquisitions. As Chief Administrative Officer, Fredrik Rystedt will be a member of the Group management team and report to CEO and President Michael Treschow. He will assume his position April 17 this year.

Fredrik Rystedt is currently the Chief Financial Officer at Sapa AB (previously Gränges AB), an international industrial group bas.

For further information contact:
Fredrik Rystedt, +46 8 459 59 27