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Electrolux Names New North America CEO

7/05/2011 11:22:29 AM Eastern
Charlotte, N.C. - Electrolux has tapped a 3M executive, Jack Truong, to succeed Kevin Scott as president/CEO of Electrolux Major Appliances North America.

 
Jack Truong
Truong, a 22-year veteran of 3M, most recently served as VP/general manager of that company's global construction and home-improvement division. He assumes his new role on Aug. 1, which includes membership on Electrolux's senior management team as corporate executive VP reporting to Electrolux president/CEO Keith McLoughlin.

His predecessor, Scott, will leave after eight years with the company. He joined in 2003 as VP/general manager of the consumer services group, assumed responsibility for refrigeration in 2006, and succeeded McLoughlin as chief executive for North America in 2009.

During the most recent quarter ended March 31 - McLoughlin's first as CEO - net sales rose 1.8 percent in North America on a a loss of about $11 million.

In a statement, McLoughlin said, "We are pleased to welcome Jack Truong to Electrolux. At 3M he demonstrated the ability to accelerate growth by applying innovative technologies and marketing to meet the ever-changing consumers' needs. His experience and track record will be crucial in helping to ensure our long-term growth with an intense focus on strong brands, high-impact new products and cost efficiency -- all of which are key elements of the Electrolux strategy.

 He continued, "We also want to thank Kevin Scott for his important contributions to Electrolux. He has strengthened our business and our team in North America, and has successfully pursued our efforts to more effectively operate as a single company within the region."

During his time at 3M, Truong held several senior management positions in the U.S., Europe and Asia. He holds a Ph.D. in chemical engineering from the Rensselaer Polytechnic Institute in Troy, N.Y.
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