Karl-Johan Persson

Karl-Johan Erling Göran Persson (born 25 March 1975) is a Swedish billionaire businessman, and the chair and former president and CEO of the fashion company Hennes & Mauritz (H&M), founded by his grandfather Erling Persson.[3][4] As of March 2022, according to Forbes, his estimated net worth is US$1.5 billion.[5]

Karl-Johan Persson
Persson in 2014
Born (1975-03-25) 25 March 1975
CitizenshipSwedish
EducationEuropean Business School
Occupation(s)Chair, H&M
SpouseLeonie Gillberg[1]
Children3 [2]
Parent(s)Stefan Persson
Pamela Collett
RelativesErling 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.[6] He graduated in 2002.[7]

Career

In 2001, Persson acquired an events management business, European Network, that went on to establish itself as the premier events management company in Scandinavia. Persson was the CEO of the company between 2001 and 2004.[8] 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.[7][9] He was replaced by Helena Helmersson in January 2020.[10]

He invests in start-ups through the companies Philian AB and 41an Invest AB.[11]

Personal life

He is married to Leonie Gillberg, they have three children, and live in Stockholm, Sweden.[12][5] Crown Princess Victoria of Sweden attended their wedding in 2002.[9]

References
  1. "'I love you, Victoria'". The Local. 20 June 2010. Retrieved 11 April 2017.
  2. https://www.expressen.se/nyheter/jag-ar-varsam-med-foretagets-pengar/
  3. "Stefan Persson". Nationalencyklopedin (in Swedish). Retrieved 25 September 2010. (subscription required)
  4. "Current board of H&M". Retrieved 14 March 2021.
  5. "Forbes profile: Karl-Johan Persson". Forbes. Retrieved 17 March 2022.
  6. "Karl-Johan Persson: Execustive Profile & Biography". Business Week. Archived from the original on 2 September 2012. Retrieved 13 March 2011.
  7. Bhatia, Meera (11 February 2009). "H&M Names Karl-Johan Persson CEO to Succeed Eriksen (Update2)". Bloomberg. Retrieved 13 March 2011.
  8. "Karl-Johan Persson". Retrieved 8 October 2023.
  9. "Karl-Johan Persson". 25 November 2009. Retrieved 13 March 2011.
  10. "CEO of H&M Group". hm.com. Retrieved 22 September 2020.
  11. LeijonhufvudText, Jonas (15 December 2022). "Klarna en miljardsmäll för H&M-bossens teknikportfölj". Dagens industri (in Swedish). Retrieved 14 September 2023.
  12. ""Jag är varsam med företagets pengar"". www.expressen.se (in Swedish). 6 April 2014. Retrieved 18 October 2023.
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