Management change in AB Electrolux

Rhea-AI Summary

Electrolux announced on August 18, 2020, that Jan Brockmann, Chief Operations Officer, will resign to pursue an external opportunity, effective September 30, 2020. Brockmann has been with Electrolux for a decade, contributing significantly to global operations, modularization, and automation initiatives.

His tenure included roles such as Head of R&D Major Appliances and Chief Technology Officer, before becoming COO in 2015. Electrolux is currently engaged in succession planning to fill this key position.

Positive

• Jan Brockmann contributed significantly to the company over 10 years, focusing on efficiency, product quality, and innovation.
• The company is initiating succession planning to ensure a smooth transition.

Negative

• None.

STOCKHOLM, Aug. 18, 2020 /PRNewswire/ -- Electrolux today announced that Jan Brockmann, Chief Operations Officer and Executive Vice President of AB Electrolux, has decided to resign from his position to pursue an external opportunity.

Jan Brockmann will remain with the company until September 30, 2020. The succession planning has been initiated.

"I want to thank Jan for many important contributions during his 10 years with Electrolux. During his tenure, with a strong focus on developing a global approach to modularization and automation, Global Operations have driven outstanding efficiency, product quality and innovation at Electrolux," said Jonas Samuelson, President and CEO of the Electrolux Group.

Jan Brockmann joined Electrolux in 2010 as Head of R&D Major Appliances and has been part of the Group's management team since 2011, first as Chief Technology Officer and since 2015 in his current role.

For further information, please contact:

Electrolux Press Hotline
+46-8-657-65-07

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https://news.cision.com/electrolux/r/management-change-in-ab-electrolux,c3169979

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https://mb.cision.com/Main/1853/3169979/1292088.pdf

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View original content:http://www.prnewswire.com/news-releases/management-change-in-ab-electrolux-301113754.html

SOURCE Electrolux

FAQ

Who is Jan Brockmann and what is his role at Electrolux?

Jan Brockmann was the Chief Operations Officer (COO) and Executive Vice President of Electrolux, who decided to resign effective September 30, 2020.

When will Jan Brockmann leave Electrolux?

Jan Brockmann will leave Electrolux on September 30, 2020.

What has Jan Brockmann achieved at Electrolux?

During his 10-year tenure, Jan Brockmann focused on developing efficiency, product quality, and innovation within the company.

What is Electrolux's plan following Jan Brockmann's resignation?

Electrolux has initiated succession planning to fill the COO position following Jan Brockmann's departure.

What is Electrolux's stock symbol?

Electrolux's stock symbols are ELUXY for the American Depository Receipts and ELUXF for the common shares.