Karl-Johan Persson

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Karl-Johan Persson
Karl-Johan Persson 2014-09-22 001.jpg
Persson in 2014
Born (1975-03-25) 25 March 1975 (age 46)
CitizenshipSwedish
EducationEuropean Business School
Known forPresident and CEO of H&M
Spouse(s)Leonie Gillberg[1]
Children3
Parent(s)Stefan Persson
Pamela Collett
RelativesErling Persson (grandfather)
Tom Persson (brother)
Charlotte Söderström (sister)
Lottie Tham (aunt)

Karl-Johan Erling Göran Persson (born 25 March 1975) is a Swedish billionaire businessman and former president and CEO of the fashion company Hennes & Mauritz (H&M), founded by his grandfather Erling Persson.[3] As of May 2019, according to Forbes, he has a net worth of US$1.6 billion.[2]

Early life[]

Persson attended the European Business School in London from 1996, majoring in Business and Economics.[4] He graduated in 2002.[5]

Career[]

In 2001, Persson purchased an events management business, which established itself as the leading events management company in Scandinavia. The business was successfully sold in 2007 to MCI. In 2005, he joined H&M in an operational role, working his way up to head of expansion and head of business development in 2007, before being appointed CEO in 2009 to succeed Rolf Eriksen.[5][6] He was replaced by Helena Helmersson in January 2020.[7]

Personal life[]

He is married to Leonie Gillberg, they have two children, and live in Stockholm, Sweden.[2] Crown Princess Victoria of Sweden attended their wedding in 2002.[6]

Persson is a supporter of Stockholm-based football club Djurgårdens IF and has also been supporting the club financially.[citation needed]

References[]

  1. ^ "'I love you, Victoria'". The Local. 20 June 2010. Retrieved 11 April 2017.
  2. ^ a b c "Forbes profile: Karl-Johan Persson". Forbes. Retrieved 3 March 2021.
  3. ^ "Stefan Persson". Nationalencyklopedin (in Swedish). Retrieved 25 September 2010. (subscription required)
  4. ^ "Karl-Johan Persson: Execustive Profile & Biography". Business Week. Retrieved 13 March 2011.
  5. ^ a b Bhatia, Meera (11 February 2009). "H&M Names Karl-Johan Persson CEO to Succeed Eriksen (Update2)". Bloomberg. Retrieved 13 March 2011.
  6. ^ a b "Karl-Johan Persson". 25 November 2009. Retrieved 13 March 2011.
  7. ^ "CEO of H&M Group". hm.com. Retrieved 22 September 2020.

External links[]


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