People: Electrolux AB (ELUXb.ST)
14 Mar 2014
Mr. Marcus Wallenberg no longer serves as Chairman of the Board of Electrolux AB, effective as of March 26, 2014. He has held this position since April 16, 2007. He has been Member of the Company's Remuneration Committee and Member of Nomination Committee. He has been Member of the Electrolux Board since 2005. Mr. Wallenberg is Chairman of the Boards of Directors of LKAB, Skandinaviska Enskilda Banken AB (SEB), Foundation Asset Management and Saab AB. In addition, he serves as Member of the Board of Investor AB, AstraZeneca Plc, Stora Enso Oyj, the Knut and Alice Wallenberg Foundation, EQT Holdings AB and Temasek Holdings Limited. Previously, he was President and Chief Executive Officer of Investor AB (1999-2005) and Executive Vice President of Investor AB from 1993 to 1999. He holds a Bachelor of Science degree in Foreign Services from Georgetown University.
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