Home / Knowledge / News / Fashion / Hennes & Mauritz appoints Karl-Johan as new CEO
Hennes & Mauritz appoints Karl-Johan as new CEO
12
Feb '09
Karl-Johan Persson
Karl-Johan Persson
The Board of Directors of H & M Hennes & Mauritz AB has appointed Karl-Johan Persson as new CEO replacing Rolf Eriksen who, as previously announced, will retire during 2009. Karl-Johan Persson has had an operational role within H&M since 2005 and is today Head of Expansion, Business development and Brand and new business. Karl-Johan Persson assumes the CEO position July 1, 2009.

A committee within the Board of Directors, consisting of Stefan Persson, Melker Schörling and Bo Lundquist, has reviewed the CEO question during a number of months. The Board of Directors has concluded that Karl-Johan Persson has the background, qualifications and experience that are required to manage H&M going forward. Karl-Johan Persson has in depth knowledge of the company, understands the corporate culture and has excellent leadership qualities.

– I have a strong commitment to H&M and a long-term view of the company. H&M's development since it started over 60 years ago has been fantastic and there is still much to do. H&M's business concept works internationally and we are well prepared for continued growth.

I am looking forward to continuing to develop H&M by constantly strengthening our customer offerings, developing H&M on existing markets as well as entering new markets. With our business concept, our strong corporate culture and our talented colleagues we have all conditions to continue to be successful, says Karl-Johan Persson.

Karl-Johan Persson has been a board member of H&M's subsidiaries in Denmark, Germany, the US and the UK since 2000 and in 2006 he was elected board member of H&M's parent company. During the spring Karl-Johan Persson will be working in close cooperation with Rolf Eriksen.

Hennes & Mauritz AB


Must ReadView All

Courtesy: Sympatex Technologies

Textiles | On 23rd Feb 2018

Sympatex, Ricosta jointly move towards sustainability

Sympatex Technologies is moving towards sustainability with its...

Courtesy: Business wire

Information Technology | On 23rd Feb 2018

CLO Virtual Fashion launches CLO 4.0 & new website

CLO Virtual Fashion, a leading developer of cutting-edge 3D garment...

Courtesy: Delta Galil

Apparel/Garments | On 23rd Feb 2018

Delta Galil 2017 sales up 16% to $1,368.1 million

Delta Galil sales for full year 2017 increased 16 per cent to...

Interviews View All

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

February 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
70.6%
No
12.7%
Skip
16.7%

Total Votes: 102

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.7%
No
29.4%
Skip
6.9%

Total Votes: 102

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
88.2%
No
8.8%
Skip
2.9%

Total Votes: 102

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
83.3%
No
7.8%
Skip
8.8%

Total Votes: 102


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search