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New CFO for Hennes & Mauritz as of November

06
Aug '08
Jyrki Tervonen has been with H&M since 1997, his recent position being country manager for Finland, Poland, the Czech Republic, Slovakia and Hungary. Additionally Jyrki has been CFO for Finland.

Leif Persson will continue to act as a member of the Executive Management Team and will from November be working with strategic company matters.

H & M Hennes & Mauritz AB (H&M) was established in Sweden in 1947. The company's business concept is to offer fashion and quality at the best price.

H&M is quoted on the OMX Nordic Exchange Stockholm. Today there are around 1,600 H&M stores in 29 countries. H&M has 68,000 employees and achieved sales including VAT in 2007 of SEK 92,123 million.

Hennes & Mauritz AB


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