STOCKHOLM, Jan. 25, 2024 /PRNewswire/ -- The
Nomination Committee of AB Electrolux proposes election of
Geert Follens, Daniel Nodhäll and
Michael Rauterkus as new members of
the Board of Directors at the Annual General Meeting of AB
Electrolux on March 27, 2024. The
Nomination Committee further proposes re-election of Petra
Hedengran, Ulla Litzén, Karin
Overbeck, David Porter, and
Jonas Samuelson, as Board
members.
As previously communicated, Torbjörn Lööf is proposed to be
elected as the new Chairman of the Board of Directors since
Staffan Bohman, the current Chairman
of the Board of Directors, has announced that he will not be
available for re-election. Board members Henrik Henriksson and Fredrik Persson have also declined
re-election.
The Nomination Committee's proposal means that the Board of
Directors shall comprise nine ordinary members elected by the
Annual General Meeting, without deputies.
Geert Follens has extensive
industrial experience and is a very experienced strategist with
successful results in global as well as local management.
Geert Follens has been Senior
Executive Vice President and Business Area President Vacuum
Technique at Atlas Copco since 2017 and is also a member of the
Board of AB SKF. Since 1995, he has held several leading positions
within Atlas Copco, including General Manager of Atlas Copco
Compressor Technique customer center, President of the Portable
Energy division, and thereafter President of the Industrial Air
division. Geert Follens was born in
1959 and is a Belgian citizen.
Daniel Nodhäll has long experience and valuable competence
within the financial field. Daniel Nodhäll has been Head of Listed
Companies and a member of the Executive Leadership Team at Investor
AB since 2015 and is also a member of the Board of Husqvarna AB and
Electrolux Professional AB. As a strategic analyst focused on the
engineering sector, Daniel Nodhäll has since 2002 held several
positions at Investor AB, including Investment Manager and Head of
Capital Goods. He has also been a member of the Board of SAAB AB.
Daniel Nodhäll was born in 1978 and is a Swedish citizen.
Michael Rauterkus has extensive
experience in several industries with strong brand portfolios and
possesses strong strategic competence and transformational ability.
Michael Rauterkus has been President
and CEO of Uponor Corporation since 2021 and is also a member of
the Executive Board of Georg Fischer
in Switzerland. During the period
2006-2019 he held several management positions at Grohe AG, in his
most recent position as CEO developing the company into a global
leader in bathroom and kitchen solutions. Michael Rauterkus was born in 1966 and is a
German citizen.
The Nomination Committee's motivated statement, complete
proposals, and a presentation of the proposed Board members will be
published in due time before the Annual General Meeting 2024.
The Nomination Committee of AB Electrolux comprises Johan Forssell, Investor AB (Chairman),
Marianne Nilsson, Swedbank Robur
Funds, Carina Silberg, Alecta, and
Anders Hansson, AMF Tjänstepension
och Fonder. The Nomination Committee also include Staffan Bohman and Fredrik Persson, Chairman and Director,
respectively, of AB Electrolux.
CONTACT:
For more information:
Sophie Arnius, Investor
Relations, +46 70 590 80 72
Electrolux Group Press Hotline, +46 8 657 65 07
The following files are available for download:
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https://mb.cision.com/Main/1853/3915147/2561871.pdf
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PRM 240125 Nomination
committee final
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