Wolfgang König new President and CEO of Electrolux Home Products
Wolfgang König new President and CEO of Electrolux Home Products Wolfgang König has been appointed new head of Electrolux Home Products (EHP), the Electrolux Group's business sector for white goods outside North America. He will succeed MatsOla Palm, who is retiring. Wolfgang König, 49, is at present Corporate Vice President for Eastman Kodak Company. Based in London, he is responsible for the Consumer Imaging division in Europe, Africa, and the Middle East. He joined Kodak in 1993 as head of German operations and Managing Director of Kodak AG. From 1989 until 1993, he served on the Management Board of Kaufhaus Warenhaus AG in Cologne, and was responsible for logistics, marketing, and strategy. Previous to that, he was in charge of the white goods and consumer electronics business at Quelle in Austria as well as for the company's retail division. He has also worked as a management consultant at McKinsey & Company in Düsseldorf. He graduated from Harvard Business School in 1978. He received his law degree in Germany in 1975. He is married and has two children. He currently lives in Esslingen, Germany, and in London. As head of EHP and Executive Vice President of Electrolux, Wolfgang König will be a member of Group Management Team. He will assume his position in July. Electrolux Home Products (EHP) is the Electrolux Group's business sector for white goods outside North America, with sales of about SEK 45 billion and 34,000 employees. The business sector manages such famous white-goods brands as Electrolux, AEG, and Zanussi, and a full range of domestic appliances - from refrigerators and dishwashers to cookers and washing machines. Electrolux is the world's largest producer of powered appliances for kitchen, cleaning and outdoor use, such as refrigerators, washing machines, cookers, vacuum cleaners, chain saws, lawn mowers, and garden tractors. In 1999, Group sales were SEK 120 billion and the Group had 93,000 employees. Every year, customers in more than 150 countries buy more than 55 million Electrolux Group products for both consumer and professional use. The Electrolux Group includes famous appliance brands such as AEG, Zanussi, Frigidaire, Eureka, and Husqvarna. Further information For further information, please contact Folke Hammarlind, Vice President Corporate Communications at phone +46 8 738 73 05 or e-mail folke.hammarlind@electrolux.se or Lars Göran Johansson, Senior Vice President Corporate Communications, at phone +46 8 738 73 25 or by e-mail lars-goran.johansson@notes.electrolux.se The Electrolux Press Hotline: +46 8 657 65 07. Photos of Mr. König are available at http://www.sthlms- reprografen.se/koenig.html For cancellation of or changes to this fax distribution service, please return this document, with your name, company, and fax number, stating what you want to change, to fax no +46 8 738 74 61. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/04/06/20000406BIT00440/bit0001.doc http://www.bit.se/bitonline/2000/04/06/20000406BIT00440/bit0002.pdf