Karl-Johan Persson

Karl-Johan Persson
Persson in 2014
Born (1975-03-25) 25 March 1975
Residence Stockholm, Sweden
Citizenship Swedish
Education European Business School
Known for President and CEO of H&M
Net worth US$1.93 billion (Forbes April 2017)[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)

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 April 2017, according to Forbes, he has a net worth of US$1.93 billion.[1]

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

  1. 1 2 3 "The World's Billionaires: Karl-Johan Persson". Forbes. Retrieved 11 April 2017.
  2. "'I love you, Victoria'". The Local. 20 June 2010. Retrieved 11 April 2017.
  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. 1 2 Bhatia, Meera (11 February 2009). "H&M Names Karl-Johan Persson CEO to Succeed Eriksen (Update2)". Bloomberg. Retrieved 13 March 2011.
  6. 1 2 "Karl-Johan Persson". 25 November 2009. Retrieved 13 March 2011.


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