# Karl-Johan Persson

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Swedish businessman

Karl-Johan Persson Persson in 2014 Born (1975-03-25) 25 March 1975 (age 51) Citizenship Swedish Education European Business School Occupations Chair, H&M Spouse Leonie Gillberg[1] Children 3 [2] 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](/source/Billionaire) businessman. He is chairman of the fashion company [Hennes & Mauritz](/source/H%26M) (H&M), and was its CEO from 2009 to 2020.[3][4] H&M was founded by his grandfather [Erling Persson](/source/Erling_Persson).[5][6] As of December 2023, according to *[Forbes](/source/Forbes)*, his estimated net worth is US$1.9 billion.[7]

## Early life

Persson attended the [European Business School](/source/European_Business_School_London) in London from 1996, majoring in Business and Economics.[8] He graduated in 2002.[9]

## Career

In 2001, Persson acquired an [events management](/source/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.[10] 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](/source/Rolf_Eriksen).[9][11] In 2020 he handed over the CEO role to Helena Helmersson and was elected Chair of the H&M board at the AGM in May 2020.[12]

He invests in start-ups through the companies Philian AB and 41an Invest AB.[13]

## Personal life

He is married to Leonie Gillberg, they have three children, and live in [Stockholm](/source/Stockholm), Sweden.[14][7] [Crown Princess Victoria of Sweden](/source/Victoria%2C_Crown_Princess_of_Sweden) attended their wedding in 2002.[11]

## References

1. **[^](#cite_ref-1)** ["'I love you, Victoria'"](http://www.thelocal.se/27344/20100620/). [The Local](/source/The_Local). 20 June 2010. Retrieved 11 April 2017.

1. **[^](#cite_ref-2)** [""Jag är varsam med företagets pengar""](https://www.expressen.se/nyheter/jag-ar-varsam-med-foretagets-pengar/). Retrieved 22 December 2023.

1. **[^](#cite_ref-3)** ["H&M chairman Stefan Persson steps down as son takes over"](https://www.irishtimes.com/business/retail-and-services/h-m-chairman-stefan-persson-steps-down-as-son-takes-over-1.4156312). *The Irish Times*. Retrieved 7 January 2024.

1. **[^](#cite_ref-4)** TrichesText, Robert (30 January 2020). ["Karl-Johan Persson om stålbadet: "Det har varit några tuffa år""](https://www.di.se/nyheter/karl-johan-persson-om-stalbadet-det-har-varit-nagra-tuffa-ar/). *Dagens industri* (in Swedish). Retrieved 7 January 2024.

1. **[^](#cite_ref-ne_5-0)** ["Stefan Persson"](http://www.ne.se/stefan-persson). *[Nationalencyklopedin](/source/Nationalencyklopedin)* (in Swedish). Retrieved 25 September 2010. (subscription required)

1. **[^](#cite_ref-boardmembers_6-0)** ["Current board of H&M"](https://hmgroup.com/about-us/corporate-governance/board-of-directors/). Retrieved 14 March 2021.

1. ^ [***a***](#cite_ref-Forbes_7-0) [***b***](#cite_ref-Forbes_7-1) ["Forbes profile: Karl-Johan Persson"](https://www.forbes.com/profile/karl-johan-persson/). *[Forbes](/source/Forbes)*. Retrieved 11 December 2023.

1. **[^](#cite_ref-businessweek_8-0)** ["Karl-Johan Persson: Execustive Profile & Biography"](https://web.archive.org/web/20120902175606/http://investing.businessweek.com/research/stocks/people/person.asp?personId=8424011&ticker=HMB:SS&previousCapId=4392354&previousTitle=INDITEX). [Business Week](/source/Business_Week). Archived from [the original](http://investing.businessweek.com/research/stocks/people/person.asp?personId=8424011&ticker=HMB:SS&previousCapId=4392354&previousTitle=INDITEX) on 2 September 2012. Retrieved 13 March 2011.

1. ^ [***a***](#cite_ref-bloomberg_9-0) [***b***](#cite_ref-bloomberg_9-1) Bhatia, Meera (11 February 2009). ["H&M Names Karl-Johan Persson CEO to Succeed Eriksen (Update2)"](https://www.bloomberg.com/apps/news?pid=newsarchive&sid=ahC8HY_2EmSE&refer=europe). [Bloomberg](/source/Bloomberg_L.P.). Retrieved 13 March 2011.

1. **[^](#cite_ref-10)** ["Karl-Johan Persson"](https://www.europeanceo.com/profiles/karljohan-persson-hm/). Retrieved 8 October 2023.

1. ^ [***a***](#cite_ref-euceo_11-0) [***b***](#cite_ref-euceo_11-1) ["Karl-Johan Persson"](http://www.europeanceo.com/profiles/karljohan-persson-hm). 25 November 2009. Retrieved 13 March 2011.

1. **[^](#cite_ref-12)** ["H&M chairman Stefan Persson steps down as son takes over"](https://www.irishtimes.com/business/retail-and-services/h-m-chairman-stefan-persson-steps-down-as-son-takes-over-1.4156312). *The Irish Times*. Retrieved 13 December 2023.

1. **[^](#cite_ref-13)** LeijonhufvudText, Jonas (15 December 2022). ["Klarna en miljardsmäll för H&M-bossens teknikportfölj"](https://www.di.se/digital/klarna-en-miljardsmall-for-h-m-bossens-teknikportfolj/). *Dagens industri* (in Swedish). Retrieved 14 September 2023.

1. **[^](#cite_ref-14)** [""Jag är varsam med företagets pengar""](https://www.expressen.se/nyheter/jag-ar-varsam-med-foretagets-pengar/). *www.expressen.se* (in Swedish). 6 April 2014. Retrieved 18 October 2023.

## External links

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