Karl-Johan Persson

Early Life

Karl-Johan Persson was born in Stockholm, Sweden, on March 25, 1975. He is the grandson of Erling Persson, who founded Hennes & Mauritz (H&M) in 1947. He attended the European Business School in London, where he majored in Business and Economics, graduating in 2002.

Rise to Success

Persson's career began in 2001 with the acquisition of European Network, an events management business. He served as CEO of European Network from 2001 to 2004 and successfully sold the company to MCI in 2007. In 2005, he joined H&M in an operational role, and over the next few years, he worked his way up to Head of Expansion and Head of Business Development. In 2009, he was appointed as the CEO of H&M, succeeding Rolf Eriksen. He served in this role until 2020, when he became the Chairman of the H&M board.

Key Business Strategies

During his tenure as CEO, Persson led H&M through significant global expansion. He has been involved in investments in start-ups through the companies Philian AB and 41an Invest AB. His family owns more than 64% of H&M's shares.

Philanthropy

Information on Karl-Johan Persson's specific philanthropy amounts could not be found.