Electrolux 2011 Annual Report Download - page 171

CV
Board of Directors
and Auditors
Marcus Wallenberg
Chairman
Born 1956. B. Sc. of For-
eign Service. Elected 2005.
Member of the Electrolux
Remuneration Committee.
Peggy Bruzelius
Deputy Chairman
Born 1949. M. Econ. Hon.
Doc. in Econ. Elected
1996. Chairman of the
Electrolux Audit Commit-
tee.
Lorna Davis
Born 1959. Bachelor of
Social Science and Psy-
chology. Elected 2010.
Member of the Electrolux
Remuneration Committee.
Senior Vice-President and
Global Biscuits Category
Head within Kraft Foods
since 2011.
Hasse Johansson
Born 1949. M. Sc. in
Electrical Engineering.
Elected 2008. Member
of the Electrolux Audit
Committee.
John S. Lupo
Born 1946. B. Sc. in
Marketing. Elected 2007.
Board membership Board Chairman of LKAB,
SEB (Skandinaviska
Enskilda Banken AB) and
Saab AB. Board Member of
Astra Zeneca Plc, Stora
Enso Oyj, the Knut and
Alice Wallenberg Founda-
tion and Temasek Holdings
Limited.
Board Chairman of Lance-
lot Asset Management AB.
Board Member of Axfood
AB, Akzo Nobel nv,
Husqvarna AB, Syngenta
AG and Diageo Plc.
Board Chairman of Kraft
Foods China.
Board Chairman of
Dynamate Industrial
Services AB, Lindholmen
Science Park AB, Alelion
Batteries AB and VIN-
NOVA (Swedish Govern-
mental Agency for Innova-
tion Systems). Board
Member of Fouriertrans-
form AB, Skyllbergs Bruk
AB and Calix Group AB.
Board Member of Citi
Trends Inc. and Cobra
Electronics Corp., USA.
Previous positions President and CEO of
Investor AB, 1999–2005.
Executive Vice-President of
Investor AB, 1993–1999.
Executive Vice-President
of SEB (Skandinaviska
Enskilda Banken AB),
1997–1998. President and
CEO of ABB Financial
Services AB, 1991–1997.
President of Kraft Foods
China, 2007–2011. Senior
positions within the food
industry, mainly within
Danone in China and the
UK.
Executive Vice-President
and Head of R&D of
Scania CV AB, 2001-2009.
Founder of Mecel AB (part
of Delphi Corporation).
Senior management posi-
tions within Delphi Corpo-
ration, 1990–2001.
Principle of Renaissance
Partners Consultants,
2000–2008. Executive
Vice-President of Basset
Furniture, 1998–2000.
Chief Operating Officer of
Wal-Mart International,
1996–1998. Senior Vice-
President Merchandising
of Wal-Mart Stores Inc.,
1990–1996.
Total remuneration 2011, SEK 1,655 000 750,000 530,000 560,000 475,000
Board meeting attendance 10/10 10/10 10/10 9/10 10/10
Remuneration Committee
attendance 8/8 4/81)
Audit Committee
attendance 6/6 4/6 2)
Holdings in AB Electrolux 5,000 B-shares
Through company: 50,000
B-shares Related party:
1,000 B-shares
11,282 Synthetic shares 4)
6,500 B-shares
3,878 Synthetic shares 4)
2,000 B-shares
1,334 Synthetic shares 4)
4,000 B-shares
6,699 Synthetic shares 4)
1,200 ADR 3)
0 Synthetic shares 4)
Independence 5) No Yes Yes Yes Yes
Chairman Member
* Caroline Sundewall and Johan Molin declined re-election to the Board and Keith McLoughlin and Ulrika Saxon were appointed new Board members at the AGM
in March 2011.
1) Lorna Davis was appointed member of the Remuneration Committee at the statutory board meeting held after the AGM in March 2011.
2) Hasse Johansson was appointed member of the Audit Committee at the statutory board meeting held after the AGM in March 2011.
3) American Depositary Receipt.
4) The AGM in 2008, 2009 and 2010 decided that a part of the fees to the Board of Directors should be payable in synthetic shares. A synthetic share is a right to
receive in the future a payment corresponding to the stock-market value of a Class B share in Electrolux at the time of payment. For additional information regard-
ing synthetic shares, see Note 27.
5) For further information about the independence assessment, see page 85.
annual report 2011 corporate governance report
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