Management change in AB Electrolux


Electrolux (STO:ELUXA) (STO:ELUXB):

Tomas Eliasson, Chief Financial Officer of AB Electrolux, has decided to
resign from the company in order to pursue an external opportunity.

He will remain with the company for up to six months. A process to
recruit a successor has been initiated.

“We want to thank Tomas for his important contributions to Electrolux
and wish him all the best in his new endeavor,” said Keith McLoughlin,
President and CEO of Electrolux.

Tomas Eliasson was appointed CFO of AB Electrolux in 2012. He has
previously held the same position at Assa Abloy AB and Seco Tools AB.

Electrolux is a global leader in home appliances, based on deep consumer
insight and developed in close collaboration with professional users. We
offer thoughtfully designed, innovative solutions for households and
businesses, with products such as refrigerators, dishwashers, washing
machines, cookers, vacuum cleaners, air conditioners and small domestic
appliances. Under esteemed brands including Electrolux, AEG, Zanussi,
Frigidaire and Electrolux Grand Cuisine, the Group sells more than 50
million products to customers in more than 150 markets every year. In
2014, Electrolux had sales of SEK 112 billion and 60,000 employees. For
more information go to

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Electrolux discloses the information provided herein pursuant to the
Securities Market Act and/or the Financial Instruments Trading Act. The
information was submitted for publication at 08.00 CET on January 22,


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