Business

Former Electrolux North America CEO lands a new job

Jack Truong, former president and CEO of Electrolux Major Appliances North America.
Jack Truong, former president and CEO of Electrolux Major Appliances North America. dtfoster@charlotteobserver.com

Jack Truong, former head of Electrolux’s Charlotte-based North American division, has landed a new job with a company that makes equipment to manufacture consumer packaging products.

Truong, who resigned from Electrolux in April while the company was trying to acquire General Electric’s home appliance business, will be chief operating officer and president of Canadian firm Husky Injection Molding Systems.

“Having spent much of my career in the consumer products sector, I am familiar with the role packaging plays in influencing purchasing decisions,” said Truong in a statement. “Husky understands that products from their systems make their way into the hands of millions of consumers, worldwide, every day.”

Before coming to Electrolux, Truong spent 22 years at 3M, where he eventually led the office supplies division – a role he once said earned him the title of “King of Post-It Notes,” referring to 3M’s iconic brand.

Husky is active in more than 100 countries and supplies injection molding equipment and services to plastics producers.

The $3.3 billion GE deal fell apart after government regulators opposed the deal because of antitrust concerns, and GE called off the transaction. Since then, Sweden-based Electrolux has seen its CEO and CFO announce plans to resign. GE reached a deal to sell its appliance business to Chinese company Haier for $5.4 billion.

Ely Portillo: 704-358-5041, @ESPortillo

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