New CEO For Husqvarna AB

Posted on May 27, 2008

Magnus Yngen has been appointed president and CEO of Husqvarna AB, effective Oct.1. He succeed the current CEO, Bengt Andersson, who is retiring.

Yngen is currently executive vice president of Electrolux and head of the Major Appliances Europe business sector, which has annual sales of approximately $7.2 billion. He has held several leading positions in Electrolux since he joined the group in 1995 and has been a member of Group Management since 2002.