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• Electrolux Group is creating a new centralized Product organization and reshaping its management structure.

• The reorganization includes dissolving existing product line setups and integrating Technology, Digital and Sustainability into the new unit.

• The company has appointed a new Chief Product Officer and adjusted Group Management roles as part of the changes.

For investors following AB Electrolux, ticker OM:ELUX B, this is a meaningful internal shake up at a time when the share price stands at SEK80.94. The stock has gained 23.8% year to date and…