Ikea Group appoints new CEO

Jesper Brodin will become the new president and ceo of home furnishings giant IKEA Group on September 1.

He is currently managing director of IKEA of Sweden, responsible for the development of the product range and supply chain.

Jesper will succeed Peter Agnefjäll, who was appointed as president and ceo of IKEA Group in 2012.

Peter said: “After 22 extraordinary years at IKEA, and five years after I was brought into this role, I believe it’s a natural time for me to take a change of path. I will now take some time off with my family, before I embark on my next journey.”

Jesper commented: “Peter and I have had the opportunity to work side by side over many years, and I’m the first in the long line of colleagues who would like to thank him for his great contribution and leadership, which has helped grow IKEA in many ways during the last period.

“I believe we have many exciting years ahead and I’m excited to be part of the rapid transformation of retail. I’m honoured and excited about my new assignment.”

Lars-Johan Jarnheimer, chairman of INGKA Holding B.V. (the parent company of the IKEA Group), added: “I’m pleased to welcome Jesper to his new role. I’m convinced that his extensive experience, and passion for life at home and retailing, will enable him to successfully continue the remarkable work conducted by Peter.

“While I’m sad to see Peter leave after many years of service, I respect his decision. Under Peter’s leadership, IKEA Group has expanded into new and crucial markets, accelerated our retail transformation to meet the changing needs of customers, and taken our sustainability commitments further.

“I look forward to working with Jesper as we take our next steps in becoming the world’s leading multichannel home furnishing retailer for many people.”

During the last year, 783 million people visited 348 IKEA stores in IKEA Group markets, and made 2.1 billion visits to IKEA.com. In the coming year, IKEA Group will open stores in new markets, including India.

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