Keith McLoughlin has notified the Board of Directors of Electrolux announced that he will retire from company. The Board has appointed Jonas Samuelson as new President and CEO of company as of February 1, 2016. Mr. Samuelson is currently head of the business area Electrolux Major Appliances Europe, Middle East and Africa.

He has previously been the head of Electrolux Global Operations and prior also held the role as Group Chief Financial Officer. Jonas Samuelson joined company in 2008. Keith McLoughlin will continue to support company in the North American market on consultancy basis.