At the Annual General Meeting of AB Electrolux on March 27, 2024, the Nomination Committee of the company proposes that Geert Follens, Daniel Nodhäll, and Michael Rauterkus be elected as new members of the Board of Directors by the AB Electrolux shareholders. In addition, the Nomination Committee is proposing the re-election of Petra Hedengran, Ulla Litzén, Karin Overbeck, David Porter, and Jonas Samuelson to the Board of Directors.
As previously communicated, Torbjörn Lööf is proposed to be elected as the new Chairman of the Board of Directors because Staffan Bohman, the current Chairman of the Board of Directors, has announced that he will not be seeking re-election in the near future. Moreover, Henrik Henriksson and Fredrik Persson have declined to be re-elected as members of the Board.
In accordance with the proposal of the Nomination Committee, the Board of Directors shall be composed of nine ordinary members who will be elected by the Annual General Meeting, without any deputy members.
In addition to his extensive industrial experience, Geert Follens is a very experienced strategist with successful results both on a global and a local level. In addition to serving as Senior Executive Vice President and Business Area President Vacuum Technique at Atlas Copco since 2017, Geert Follens is also a member of the board of AB SKF, a subsidiary of Atlas Copco.. In the course of his career, he has held several key leadership positions within Atlas Copco, including General Manager of the Atlas Copco Compressor Technique customer center, President of the Portable Energy division, and afterwards President of the Industrial Air division, among others.. Geert Follens was born in 1959 and is a citizen of the Belgian Republic
Geert Follens was born in 1959 and is a citizen of the Belgian Republic
There is no doubt that Daniel Nodhäll is a financial expert with a long experience and valuable expertise. Daniel Nodhäll has held the position of Head of Listed Companies and a member of the Executive Leadership Team at Investor AB since 2015, and he is also a member of the Board of Husqvarna AB and Electrolux Professional AB.. As a strategic analyst with a focus on the engineering sector, Daniel Nodhäll has been with Investor AB since 2002, holding various positions within the company, such as Investment Manager and Head of Capital Goods.. Additionally, he has been a member of the Board of Directors of SAAB AB for many years. Nodhäll was born in 1978 and is a Swedish citizen by birth.
Nodhäll was born in 1978 and is a Swedish citizen by birth.
In addition to Michael Rauterkus' extensive corporate experience in a variety of industries, he also has a strong brand portfolio and possesses a strong sense of strategic competence and transformational ability. As President and CEO of Uponor Corporation since 2021, Michael Rauterkus is also a member of the Executive Board of Georg Fischer in Switzerland, with whom he works as a consultant and advisor. In the period 2006-2019, he held several management positions in Grohe AG, and in his most recent position as CEO, he developed the company into a global leader in the design of bathrooms and kitchens.. Originally from Germany, Michael Rauterkus was born in 1966 and is a citizen of that country
Originally from Germany, Michael Rauterkus was born in 1966 and is a citizen of that country
It is expected that before the Annual General Meeting of 2024, the Nomination Committee will publish its motivated statement, complete proposals, as well as a presentation of the proposed Board members.
Johan Forssell, Investor AB (Chairman), Marianne Nilsson, Swedbank Robur Funds, Carina Silberg, Alecta, and Anders Hansson, AMF Tjänstepension och Fonder, make up the Nomination Committee of AB Electrolux. In addition to Staffan Bohman and Fredrik Persson, both Chairman and Director of AB Electrolux, are also members of the Nomination Committee.
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For more information, please contact: Sophie Arnius, Investor Relations, at +46 70 590 80 72, or the Electrolux Group's Press Hotline at +46 8 657 65 07
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AB Electrolux's Nomination Committee proposes that Geert Follens, Daniel Nodhäll and Michael Rauterkus be elected as new members of the Board of Directors of the Company...
The Electrolux Group's results for the fourth quarter of 2023 will be published on February 2, 2024, at approximately 8 a.m. CET. A telephone conference will take place at the same time.

Source prnewswire