Ingka Group governance
We’re an IKEA franchisee
Ingka Holding B.V. is one of 12 franchisees, operating IKEA stores under franchise agreements with Inter IKEA Systems B.V., the owner of the IKEA Concept and worldwide IKEA franchisor.
Inter IKEA Systems B.V. is based in the Netherlands and part of Inter IKEA Group. Inter IKEA Group and Ingka Group have the same founder, as well as a common history and heritage, but are two separate groups of companies with different management and different owners.
All IKEA franchisees pay a 3% franchise fee to Inter IKEA Systems B.V. The franchise fee gives us, as an IKEA retailer, the right to operate stores and other sales channels under the IKEA Concept and IKEA Brand. It grants access to systems, methods and proven solutions as well as staff trainings, manuals and updates of the IKEA Concept such as store layouts, fittings and display concepts.
Our three businesses
Ingka Holding B.V. is the parent company of the Ingka Group, based in Leiden, the Netherlands. Ingka Group operates three businesses in one: IKEA Retail, Ingka Centres and Ingka Investments.
IKEA Retail is our core business. We currently operate 374 IKEA stores in 30 countries, generating over 90% of all IKEA store sales.
Ingka Centres operates shopping centres under different trademarks, always anchored by an IKEA store.
Ingka Investments makes responsible investments to strengthen Ingka Group’s long-term growth, secure its financial position and support its sustainability goals.
Ingka Group (Ingka Holding B.V. and its controlled entities) has an ownership structure that ensures independence and a long-term approach.
Ingka Group is owned by a Dutch foundation, Stichting Ingka Foundation, with a charitable purpose that is achieved by making funds available to Stichting IKEA Foundation. As its owner, Stichting Ingka Foundation can reinvest funds into Ingka Group.
Stichting Ingka Foundation
Owner of Ingka Group
Stichting IKEA Foundation
Stichting IMAS Foundation
Management of own financial assets
Ingka Group Management Board
The Management Board is the ultimate decision-making body and is responsible for the formal conduct and the strategic, structural and financial approvals as well as critical risks for Ingka Group.
The Ingka Group Management Board has two members: Jesper Brodin, President and Chief Executive Officer, and Juvencio Maeztu, Chief Financial Officer and Deputy Chief Executive Officer. Kurt-Jörgen Olsson, General Counsel, is Permanent Invitee and Corporate Secretary to the Management Board.
Ingka Group Management
Group Management focuses on the strategic direction and performance of Ingka Group and is the strategic leadership team for Ingka Group. Group Management takes part in the decision-making in relation to strategies, business transformation, leadership and performance.
Retail Operations Manager, Ingka GroupAbout Tolga
Ingka Centres Manager, Ingka GroupAbout Gerard
Ingka Investments Manager, Ingka GroupAbout Krister
Barbara Martin Coppola
Group Digital Manager, Ingka GroupAbout Barbara
Strategy, Development & Innovation Manager, Ingka GroupAbout Davide
Olivia Ross Wilson
Group Communication Manager, Ingka GroupAbout Olivia
Group People & Culture Manager, Ingka GroupAbout Ulrika
Laia Andreu Lopez
CEO Assistant, Ingka Group
Ingka Group Supervisory Board
The Supervisory Board of Ingka Holding B.V. is responsible for supervising, monitoring and advising the work of the Management Board. Based on recommendations from the Management Board, the Supervisory Board approves, among other things, the strategic plan, the main directions and the budget of Ingka Group. The Supervisory Board is always guided by the interests of Ingka Group and to ensure the continuity of our business.
As per 31 August 2020, the Supervisory Board of Ingka Holding B.V. consists of eight members.
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