Electrolux: Samuelson Named Head of Major Appliances Europe, Eliasson Named CFO Sep 30, 2011

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Jonas Samuelson has been appointed President and CEO of Major Appliances Europe, Middle East, and Africa and Executive Vice President of AB Electrolux. He will report to Keith McLoughlin, Electrolux president and CEO, and will be a member of Group Management. Samuelson is currently Chief Financial Officer and Head of Global Operations Major Appliances.

Tomas Eliasson, currently Chief Financial Officer of Assa Abloy, was named new Chief Financial Officer of AB Electrolux.

Samuelson joined Electrolux as Chief Financial Officer in 2008. Before that he was Chief Financial Officer and Executive Vice President for Munters AB.

“Jonas has been instrumental in strengthening Electrolux financial position, improving our global strength and preparing the Group to enter a growth phase. Major Appliances Europe, Middle East, and Africa is a very important sector for Electrolux, and Jonas is the right person to take over the baton from Enderson,” says McLoughlin.

Enderson Guimarães, who will leave Electrolux to take a new position in Pepsi Co., was appointed Head of Major Appliances Europe and Executive Vice President of AB Electrolux in 2008. He will remain with Electrolux until October 31, 2011.

“I want to express appreciation to Enderson for his important contributions to the company and wish him and his family all the best in their move to North America,” continues Mr. McLoughlin.

Samuelson’s function as Head of Global Operations Major Appliances will be assumed by Keith McLoughlin.

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