IKEA Names Maeztu CEO as Brodin Steps Down After 8 Years

Ikea

Ingka Group, the Holding company which operates most Ikea stores in the world, has appointed its next managing director, Juvencio Maeztu, the first non-Sweden to lead the group. As of November 5, Maeztu will succeed Jesper Brodin, who will move after eight years. Under Brodin, the Ingka group has resisted the challenges of Pandemic and … Read more

Target Names Fiddelke CEO Amid Slumping Sales, Investor Doubts

Target

Beginning as a summer trainee when he was still in business schools and rose in the ranks of COO, Michael Fiddelke spent more than two decades working for the target of the American retailer. Last month, he was used to succeed Brian Cornell, who retired after 11 years at the head of the company. The … Read more

Kering Names Ex-Renault CEO Luca de Meo as New Chief

Kering Names Ex-Renault CEO Luca de Meo as New Chief

The French luxury giant Kering, parent company of Saint Laurent and Gucci, obtains a new CEO, Luca de Meo. And surprisingly, it is not a long-standing ready-to-wear post but a veteran from the automotive industry. De Meo, 58, has run the French group Renault since 2020. He left the car manufacturer on July 15 and … Read more