Ikea names new CEO to lead Asia expansion

Bloomberg

Ikea Group named Jesper Brodin, currently responsible for the development of the Swedish furniture retailer’s product range and supply chain, as chief executive officer after Peter Agnefjall decided to step down.
Brodin, a 48-year old former assistant to Ikea founder Ingvar Kamprad who has worked at the maker of the Billy bookcase and Klippan sofa for 22 years, will take up the new role September 1, Ikea said in a statement Wednesday.
He is currently managing director of the Ikea of Sweden unit and will move to Leiden in the Netherlands, where Ikea has its headquarters, from Almhult in Sweden, where it opened its first store in 1958 and has its Swedish base.

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