Electrolux Says Its CEO Keith McLoughlin Has Not Resigned
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Electrolux AB said its Chief Executive Officer Keith McLoughlin has not resigned following a report in Swedish business newspaper Dagens Industri that stated that he plans to leave Europe’s biggest maker of home appliances.
“We can confirm that Keith McLoughlin has not resigned as Electrolux CEO,” Paul Palmstedt, a spokesman for the Stockholm-based company, said in an e-mailed statement on Thursday. “All well-run public companies conduct succession planning.”