The Quotes are Powered By Forexpros, the Forex, Futures, and Stock Markets Portal.

Companies News



Ikea founder, Ingvar Kamprad leaves the board of Inter IKEA but will remain an advicer

Wednesday, 05 June 2013
The man who founded the globally known Swedish furniture giant, IKEA back in 1943, Ingvar Kamprad will leave the Company finally.
According to Swedish news reports, his youngest son Mathias Kamprad, 44 takes over as Chairman.
In an interview with Swedish business daily, Dagens Industri, the now 87-year-old, Ingvar Kamprad, said he will leave control of the powerful furniture giant IKEA.
"I see this as a good time for me to leave the board of Inter Ikea Group," said Ingvar Kamprad to the newspaper.
However, the fact that Ingvar Kamprad leaving the company does not mean he will not be active. He is said to be an adviser thereafter.
"I will continue to come up with ideas and observations. In addition, I will continue to spend time out on the floors of the department store and factories with employees trying to contribute to the improvement," said Ingvar Kamprad.
He founded IKEA in 1943 at the age of 17 years old.
By Scancomark.com Team

 want to contribute to our news network? Do have a news tip or assist us with a correction? Please ...

Print Friendly and PDF