Karl-Johan Persson
Karl-Johan Erling Göran Persson (born 25 March 1975) is a Swedish billionaire businessman, the chief executive officer (CEO) and president of the fashion company Hennes & Mauritz (H&M), which was founded by his grandfather Erling Persson.[3] As of May 2019, according to Forbes, he has a net worth of US$1.6 billion.[1]
Karl-Johan Persson | |
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Persson in 2014 | |
Born | 25 March 1975 |
Citizenship | Swedish |
Education | European Business School |
Known for | President and CEO of H&M |
Net worth | US$1.6 billion (May 2019)[1] |
Spouse(s) | Leonie Gillberg[2] |
Children | 3 |
Parent(s) | Stefan Persson Pamela Collett |
Relatives | Erling Persson (grandfather) Tom Persson (brother) Charlotte Söderström (sister) Lottie Tham (aunt) |
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]
Personal life
He is married to Leonie Gillberg, they have two children, and live in Stockholm, Sweden.[1] 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.
References
- "Forbes profile: Karl-Johan Persson". Forbes. Retrieved 9 May 2019.
- "'I love you, Victoria'". The Local. 20 June 2010. Retrieved 11 April 2017.
- "Stefan Persson". Nationalencyklopedin (in Swedish). Retrieved 25 September 2010. (subscription required)
- "Karl-Johan Persson: Execustive Profile & Biography". Business Week. Retrieved 13 March 2011.
- Bhatia, Meera (11 February 2009). "H&M Names Karl-Johan Persson CEO to Succeed Eriksen (Update2)". Bloomberg. Retrieved 13 March 2011.
- "Karl-Johan Persson". 25 November 2009. Retrieved 13 March 2011.