Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Electrolux Committee Accepting Board Member Proposals
Sep 23, 2005
 Printable format
 Email this Article
 Search

The annual general meeting of European appliance maker Electrolux will be held on April 24, 2006 in Stockholm, Sweden. The company says it is currently accepting nomination proposals for board members and the next nomination committee.

In accordance with the decision by the annual general meeting in April 2005, Electrolux will have a nomination committee consisting of representatives of each of the four largest shareholders in terms of voting rights, and the chairman of the Electrolux Board.

Jacob Wallenberg, Chairman of AB Investor, is the chairman of the nomination committee. The other members are Carl Rosen, Second Swedish National Pension Fund; Ramsay J. Brufer, Alecta Mutual Pension Insurance; Kjell Norling, Handelsbanken/SPP Funds; and Michael Treschow, chairman of Electrolux.

As of August 31, 2005, Investor's shareholding in Electrolux corresponded to 24.7 percent of the voting rights in the company, the Second Swedish National Pension Fund's to 2.8 percent, Alecta's to 2.6 percent, and Handelsbanken/SPP's to 1.9 percent. According to a disclosure notice on Sept. 15, 2005, Investor increased its holding in Electrolux by 5,231,300 B-shares, and thus has 26.0 percent of the voting rights.

The nomination committee will prepare proposals for the annual general meeting in 2006, including board members and fees, auditors and fees, and the nomination committee for the annual meeting in 2007.

As part of the process of spinning-off the group's operation in Outdoor Products to the Electrolux shareholders, the committee will also provide recommendations to the Electrolux management, including the composition of the board of this operation.

Back to Daily News

 

Daily News

...........................................................

Jul 31, 2014: LG Home Appliance, LG Air Conditioning See Lower Quarterly Sales

Jul 31, 2014: AHAM Canada New Chair is Doell of Samsung Electronics Canada

Jul 29, 2014: Jarden Reports Record Net Sales in 2Q

Jul 29, 2014: LG USA Names VanderWaal to Head Marketing

Jul 29, 2014: Smart Meters May Provide An Entrance Point for Cyber Attacks on the Connected Home

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows