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Electrolux Professional Names Paolo Schira as New President and CEO

Story Highlights
  • Electrolux Professional appointed Paolo Schira as President and CEO after the AGM.
  • Former laundry head Schira is succeeded on an interim basis as the company sharpens strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Electrolux Professional Names Paolo Schira as New President and CEO

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An announcement from Electrolux Professional AB ( ($SE:EPRO.B) ) is now available.

Electrolux Professional Group has appointed Paolo Schira as its new President and CEO, with his tenure formally beginning after the Annual General Meeting on May 5, 2026, following the retirement of former CEO Alberto Zanata. Schira, previously President of the Business Area Laundry, will have that role temporarily filled by interim head Francesco Maso while an external recruitment is conducted, as the company seeks to sharpen strategic focus and drive long-term value for customers and shareholders.

The most recent analyst rating on ($SE:EPRO.B) stock is a Buy with a SEK80.00 price target. To see the full list of analyst forecasts on Electrolux Professional AB stock, see the SE:EPRO.B Stock Forecast page.

More about Electrolux Professional AB

Electrolux Professional Group is a global provider of food service, beverage, and laundry solutions for professional users, positioning itself as a sustainability leader in its industry. The company offers innovative products backed by a worldwide service network, sells in more than 110 countries, and reported global sales of SEK 12.2 billion in 2025, with its B-shares listed on Nasdaq Stockholm.

Average Trading Volume: 359,385

Technical Sentiment Signal: Sell

Current Market Cap: SEK12.92B

See more data about EPRO.B stock on TipRanks’ Stock Analysis page.

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