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Board of Directors and Auditors
Marcus Wallenberg
Chairman
Born 1956. Sweden.
B. Sc. of Foreign Ser-
vice.
Elected 2005.
Member of the
Electrolux Remunera-
tion Committee.
Ronnie Leten
Deputy Chairman
Born 1956. Belgium.
M.Sc. Applied Econ.
Elected 2012.
Lorna Davis
Born 1959. Australia.
Bachelor of Social
Science and
Psychology.
Elected 2010.
Member of the
Electrolux Remunera-
tion Committee.
Hasse Johansson
Born 1949. Sweden.
M. Sc. in Electrical
Engineering.
Elected 2008.
Member of the
Electrolux Audit
Committee.
Keith McLoughlin
Born 1956. USA.
B.S. Eng.
Elected 2011.
Bert Nordberg*
Born 1956. Sweden.
Engineer.
Elected 2013.
Position and
board membership
Board Chairman of
LKAB, SEB (Skandina-
viska Enskilda Banken
AB), Saab AB and
Foundation Asset Man-
agement. Board mem-
ber of Investor AB,
AstraZeneca Plc, Stora
Enso Oyj, the Knut and
Alice Wallenberg
Foundation, Temasek
Holdings Limited and
EQT Holdings AB.
President and CEO of
Atlas Copco AB since
2009.
President of Biscuits,
North America for
Mondel z International
since 2013.
Board Chairman of
Dynamate Industrial
Services AB, Lindhol-
men Science Park AB,
and VINNOVA (Swedish
Governmental Agency
for Innovation Systems).
Board member of
Fourier transform AB,
Skyllbergs Bruk AB,
Calix Group AB, Klippan
Group AB, Alelion
Batteries AB and
LeanNovaAB.
President and CEO of
AB Electrolux.
Board member of
Briggs & Stratton
Corporation.
Board Chairman of
Vestas Wind Systems
A/S and Ideonfonden
AB. Board member of
Svenska Cellulosa AB
SCA and BlackBerry
Ltd.
Previous positions President and CEO of
Investor AB, 1999–
2005. Executive Vice
President of Investor
AB, 1993–1999.
Various leading posi-
tions within the Atlas
Copco Group, 1997–
2009 and 1985–1995.
Plant Manager of
Tenneco Automotive
Inc, Belgium, 1995–
1997. Various positions
within General Biscuits,
1979–1985.
Senior Vice President of
Global Biscuits for Kraft
Foods, 2011–2013.
President of Danone
Biscuits/ Kraft Foods
China, 2006–2011.
President of Danone
companies in the UK
and New Zealand .
Various positions in
consumer goods in
Australia and South
Africa.
Executive Vice Presi-
dent and Head of R&D
of Scania CV AB, 2001–
2009. Founder of Mecel
AB (part of Delphi
Corporation). Senior
management positions
within Delphi Corpora-
tion, 1990–2001.
Senior positions within
Electrolux: Head of
Major Appliances North
America and Executive
Vice President of AB
Electrolux, 2003, also
Head of Major Appli-
ances Latin America,
2004–2007, and Chief
Operations Officer
Major Appliances,
2009–2010. Senior
management positions
within DuPont, USA,
1981–2003.
Chairman and Presi-
dent and CEO of Sony
Mobile Communica-
tions AB, 2009–2012.
Various leading posi-
tions within the Ericsson
Group, 1996–2009.
Various positions within
Data General Corpora-
tion and Digital
Equipment Corpora-
tion, 1985–1996.
Total remuneration
2013, SEK
1,743,000 587,000 566,000 596,000 —386,000
Board meeting
attendance
8/8 7/8 8/8 8/8 8/8 5/8*
Remuneration
Committee
attendance
3/3 2/3
Audit Committee
attendance 6/6
Holdings in AB
Electrolux
5,000 B-shares.
Through company:
50,000 B-shares.
Related party:
500 B-shares.
7,349 synthetic shares1).
3,000 B-shares. 2,226 B-shares.
1.443 synthetic shares1).
4,000 B-shares.
4,364 synthetic
shares1).
92,169 B-shares. Through company:
3,000 B-shares.
Independence2) No No Yes Yes No Yes
Chairman Member
* Bert Nordberg was appointed new Board member at the AGM in March 2013.
1) 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 regarding synthetic shares, see Note 27.
2) For further information about the independence assessment, see page 151.
Holdings in AB Electrolux as of December 31, 2013. The information is regularly updated at www.electrolux.com/board-of-directors.
158 ANNUAL REPORT 2013
corporate governance report