Electrolux Professional has decided to focus and simplify its organization to be able to faster execute on the company´s strategic priorities. This also leads to changes in Group Management.
The new organization will continue to consist of the two reportable segments Food & Beverage and Laundry, with five Business Areas focusing on customer categories and geographies: Food Europe, Food Americas, Food APAC & MEA, Beverage & Food Preparation and Laundry.
Certain functions that today are at group level will be transferred to the Business Areas who are fully responsible for the business, to enable a complete customer centric business perspective. However, in order to capture vital synergies, some functions will operate at Group level coordinating efforts across the two reportable segments and the Business Areas.
“Following the acquisition of Unified Brands in the US, we see a need to focus and simplify our organization to be able to faster drive our strategic priorities and be closer to our customers. With these changes, responsibilities will be clear, and priorities simplified,” says Alberto Zanata, President and CEO.
The new organization is effective July 1, 2022, with Group Management as follows:
President and CEO, Alberto Zanata
Business Area Food Europe, to be appointed, (acting Alberto Zanata)
Business Area Food Americas, Dave Herring
Business Area Food APAC & MEA, Richard Flynn
Business Area Beverage and Food Preparation, Philippe Zavattiero
Business Area Laundry, Paolo Schira
Operations and Innovation Competence Center, Carlo Mario Caroni
Finance, Fabio Zarpellon
Human Resources, Pia Hovland
IT and Digital Transformation, Guilhem Senegas
Legal, Carolina Tendorf
Communications and Investor Relations, Jacob Broberg
For further information, please contact Jacob Broberg, SVP Investor Relations & Communications +46701900033.