Ingka Group, the world’s largest IKEA franchisee, operates 411 IKEA stores across 32 countries and reported €41.5 billion in revenue for FY25. Former CEO Jesper Brodin led the holding company from September 2017 through November 2025, overseeing a period of aggressive digital transformation, price investment, and ambitious climate commitments. A 30-year IKEA veteran who started as a purchase manager in Pakistan, Brodin was named one of TIME’s 100 Most Influential People in 2024 for his work proving that sustainability and profitability can coexist. Under his leadership, Ingka Group’s carbon footprint fell 24% while revenue grew by nearly 31%.

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Jesper Brodin – Quick Facts

IKEA / Ingka Group Competitors

Ingka Group, operating under the IKEA brand, competes in the global furniture and home furnishings market. IKEA has been the world’s largest furniture retailer since 2008. The key competitors include:

• Wayfair – leading online furniture and home goods retailer (US-based)
• Ashley Furniture Industries – largest furniture manufacturer and retailer in North America
• Walmart / Mainstays – massive home furnishings selection at value prices
• Amazon (Rivet, Stone & Beam) – private-label furniture via e-commerce
• Home Depot – home improvement and furnishings retailer
• Lowe’s – home improvement stores with furniture departments
• Williams-Sonoma (Pottery Barn, West Elm) – premium home furnishings
• Nitori Holdings – Japan’s largest furniture chain, expanding internationally

Jesper Brodin Net Worth 2026 – IKEA CEO Salary

As of 2026, Jesper Brodin’s net worth is estimated at approximately $35–55 million USD. This figure is based on his long tenure as a senior IKEA executive and his eight years leading Ingka Group, a private company with €41.5 billion in annual revenue. Because Ingka Holding B.V. is privately held by the Stichting INGKA Foundation, executive compensation is not publicly disclosed in the same manner as publicly traded companies.

Ingka Group CEO Estimated Compensation

Ingka Group Net Worth 2026 – Is IKEA Profitable?

Yes, Ingka Group is a highly profitable company. Under Jesper Brodin’s leadership, the group consistently generated billions in revenue while investing heavily in price reductions for customers and sustainability initiatives. In FY25, net profit rose to €1.4 billion, with 85% reinvested into the business and 15% allocated to the Stichting INGKA Foundation’s charitable activities.

Ingka Group Financial Summary

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IKEA CEO Email Address | Jesper Brodin Contact

Below are the contact details and social media profiles for former Ingka Group CEO Jesper Brodin:

Career & Education – Company, University, & College

Jesper Brodin’s career at IKEA spans over 30 years, beginning in 1995 when he joined as a purchase manager in Pakistan. His journey through the company took him across continents and through virtually every part of IKEA’s value chain — from sourcing and supply chain management to serving as personal assistant to IKEA founder Ingvar Kamprad. That breadth of experience gave him a deep understanding of the business that ultimately led to his appointment as CEO of Ingka Group in 2017.

Jesper Brodin Career Timeline

Brodin began his IKEA career in Pakistan in 1995, where he managed purchasing operations in Karachi. He quickly moved to Southeast Asia as a regional manager before being handpicked in 1999 to serve as assistant to both IKEA founder Ingvar Kamprad and then-CEO Anders Dahlvig — a formative experience that shaped his values-driven leadership style.

Over the following decade, Brodin held progressively senior roles in product management, regional operations in China, and global supply chain management. In 2013, he was appointed CEO of IKEA Range & Supply, overseeing the entire product range and supply chain strategy for the IKEA system. He succeeded Peter Agnefjäll as CEO of Ingka Group in September 2017.

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Education

Jesper Brodin graduated from Chalmers University of Technology in Gothenburg, Sweden, with a Master of Science in Industrial Engineering. Chalmers is one of Scandinavia’s most prestigious technical universities and was founded in 1829. The engineering background gave Brodin the analytical foundation he applied throughout his career in supply chain optimization and operational management at IKEA.

Jesper Brodin Wiki – Age, Family, & More

Jesper Brodin (age 57, born November 9, 1968) hails from Gothenburg, Sweden. He was raised on the west coast of Sweden in a middle-class family — his father worked as an artist and art teacher, while his mother was employed at a travel agency. He grew up with two sisters in a tight-knit family environment that emphasized hard work and self-reliance.

Brodin is married to Lena and they have three children. The family resides in Helsingborg, Sweden. In his leisure time, Jesper is an avid sailor and a passionate musician. He plays the guitar daily and has described it as his form of meditation, once saying: “To play the guitar is my yoga.”

Notable Achievements & Recognitions

• TIME 100 Most Influential People (2024) – Named one of the 100 most influential people in the world by TIME Magazine for his sustainability leadership
• Chair, The B Team – Leads the global business initiative co-founded by Sir Richard Branson advocating for purpose-driven capitalism
• Co-Chair, WEF Alliance of CEO Climate Leaders – Co-leads the World Economic Forum’s coalition of CEOs committed to net-zero emissions
• Vice-Chair, UN Global Compact Board – Serves on the governing body of the world’s largest corporate sustainability initiative
• Board Member, World Resources Institute (WRI) – Global environmental research organization
• UNHCR Nomination (2025) – Nominated by the Swedish government as candidate for United Nations High Commissioner for Refugees
• Climate Leadership – Under his watch, Ingka Group’s carbon footprint fell 24% while revenue grew ~31%, committing to 50% emission reduction by 2030 and net-zero by 2050

Brodin is deeply committed to sustainability and has made it his mission to demonstrate that environmental responsibility and profitable growth are not mutually exclusive. After stepping down as CEO in November 2025, he transitioned into a senior advisory role with the IKEA Foundation, continuing his work on global sustainability and refugee support initiatives.

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About Ingka Group / IKEA

Ingka Group (formally Ingka Holding B.V.) is a Dutch holding company headquartered in Leiden, The Netherlands. It is the world’s largest IKEA franchisee and operates three business areas:

Ingka Group is wholly owned by the Stichting INGKA Foundation, one of the world’s largest charitable foundations. The IKEA retail system overall includes 12 franchisees operating 504+ IKEA stores in 63 countries, with total IKEA retail sales of €45.1 billion in FY24. Ingka Group alone employs approximately 162,300 co-workers across its operations.

Frequently Asked Questions (FAQ)

Who is the current CEO of IKEA / Ingka Group?

As of February 2026, the current CEO and President of Ingka Group is Juvencio Maeztu, who succeeded Jesper Brodin on November 5, 2025. Maeztu previously served as Deputy CEO and has spent over 25 years within IKEA in various leadership roles. Jesper Brodin served as CEO from September 2017 to November 2025.

What is Jesper Brodin’s net worth in 2026?

As of 2026, Jesper Brodin’s net worth is estimated at $35–55 million USD. This estimate is based on his 30-year career at IKEA and eight years as CEO of Ingka Group. Because Ingka Holding B.V. is a private company, exact compensation figures are not publicly disclosed.

What is the IKEA CEO salary?

Ingka Group does not publicly disclose individual executive compensation. Based on comparable European private-company CEO roles, Jesper Brodin’s total annual compensation was estimated at $3.5–7 million, including base salary, performance bonus, and benefits. IKEA’s culture of frugality, established by founder Ingvar Kamprad, typically results in more modest executive pay than publicly traded peers.

What is the IKEA CEO email address?

Jesper Brodin’s email address is [email protected]. He can also be reached via LinkedIn. For press inquiries regarding Ingka Group, use [email protected].

Why did Jesper Brodin leave IKEA?

Jesper Brodin decided to step down as CEO of Ingka Group in November 2025 after 30 years with IKEA and 8 years as CEO. He described the decision as a personal choice to explore new challenges. Brodin remains connected to IKEA as a senior advisor to the IKEA Foundation. Additionally, Sweden nominated him as a candidate for the role of United Nations High Commissioner for Refugees (UNHCR) in October 2025.

Is IKEA a profitable company?

Yes, IKEA is highly profitable. Ingka Group reported net profit of €1.4 billion in FY25 (September 2024–August 2025), a 75% increase from the prior year. Total revenue was €41.5 billion. The broader IKEA franchise system generated €45.1 billion in total retail sales across 504+ stores in 63 countries.

Article last updated:February 2026March 2, 2026