Karl-Johan Persson | |
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Born | 25 March 1975 (age 36) |
Citizenship | Sweden |
Education | European Business School |
Known for | President & CEO of H&M |
Net worth | £365m (2008)[1] |
Spouse | Leonie Gillberg[2] |
Parents | Stefan Persson (father) Pamela Collett (mother) |
Relatives | Erling Persson (grandfather) |
Karl-Johan Erling Göran Persson is the CEO and president of the fashion company Hennes & Mauritz (H&M), which was founded by his grandfather Erling Persson.[3] Persson's family enjoyed royal connections. Crown Princess Victoria of Sweden attended Karl-Johan's wedding in 2002.[4]
Persson attended the European Business School in London from 1996, majoring in Business and Economics.[5] He graduated in 2002.[6] 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, steadily 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.[4][6]