Hans Stråberg appointed executive vice president of AB Electrolux

Hans Stråberg appointed executive vice president of AB Electrolux Hans Stråberg, 41, has been appointed executive vice president of the Electrolux Group and a member of the Group Management Team. He succeeds Hans G. Bäckman as the head of the business sector for vacuum cleaners and small household appliances. Bäckman is retiring after more than 30 years with the Electrolux Group. Hans Stråberg has been with the company since 1983, and most recently held the position of executive vice president of Frigidaire Home Products, the Group's American subsidiary. Electrolux manufactures one fifth of the approx. 50 million vacuum cleaners sold yearly in the world. They are produced at Electrolux 10 factories in Europe, the USA, South Africa, Australia, and China. Small household appliances include such items as air filter/cleaners, toasters, coffee makers, irons, and food processors. The business sector sold more than SEK 7 billion worth of goods in 1997. The Electrolux Group is the world's largest manufacturer of household appliances for indoor and outdoor use, and corresponding products for professional use. The company sells approx. 55 million products in more than 100 countries. Its employees number some 100,000, with operations in more than 50 countries spanning the globe. Sales in 1997 were SEK 113 billion. Further information Contact Hans Stråberg at tel. +46-8-738 61 11, The Electrolux Press Hotline is available at tel. +46-8-657 65 07. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1998/11/24/19981124BIT00150/bit0001.doc http://www.bit.se/bitonline/1998/11/24/19981124BIT00150/bit0002.pdf