Two friends enjoying a cup of coffe together after shopping at IKEA.

Ingka Group governance

We’re an IKEA franchisee

Ingka Holding B.V. is one of 12 franchisees operating IKEA stores and other sales channels. We do this under franchise agreements with Inter IKEA Systems B.V., which is the owner of the IKEA Concept and worldwide IKEA franchisor.

Inter IKEA Systems B.V. is based in the Netherlands and is a part of the Inter IKEA Group. Ingka Group and Inter IKEA Group share the same founder, history and heritage, but are two separate groups of companies with different management and owners.

All IKEA franchisees pay a 3% franchise fee to Inter IKEA Systems B.V., which gives us the right to operate stores and other sales channels under the IKEA Concept and Brand. It also grants us access to systems, methods and solutions, staff trainings, manuals and updates of the IKEA Concept such as stores layout, fittings and display concepts.

Person enjoying a cup of coffee whilst sun-rays are shining through the window.

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 367 IKEA stores in 30 countries, generating 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.

Ownership structure

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 which 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

Charity

Stichting IMAS Foundation

Management of own Financial Asstes

Ingka Group Management Board

The Ingka Group Management Board is responsible for the management and general conduct of the Ingka Group. At Ingka Group the Management Board, besides its formal duties, acts as the management of the Group.

The Ingka Group Management Board has two members; Jesper Brodin (Chief Executive Officer & President) and Juvencio Maeztu (Deputy Chief Executive Officer and Chief Financial Officer). Kurt-Jörgen Olsson (General Counsel) is permanent invitee and Corporate Secretary.

Jesper Brodin

Chief Executive Officer & President, Ingka Group

About Jesper

Juvencio Maeztu

Deputy Chief Executive Officer and Chief Financial Officer, Ingka Group

Kurt-Jörgen Olsson

General Counsel, Ingka Group

Ingka Group Strategic Leadership

Some of our leaders take part in the strategic leadership of Ingka Group. This includes areas such as strategy, business transformation, leadership and performance. The Ingka Group Management Board delegates the day-to-day business to the respective core business managers.

Tolga Öncu (Retail Operations), Gerard Groener (Ingka Centres), Krister Mattsson (Ingka Investments).

Also part of the strategic leadership are (from left to right); Barbara Martin Coppola (Group Digital), Davide Urani (Group Strategy, Development & Innovation), Olivia Ross Wilson (Group Communication), Ulrika Biesèrt (Group People & Culture), Laia Andreu Lopez (Management Assistant).

Tolga Öncu

Retail Operations, Ingka Group

Gerard Groener

Ingka Centres, Ingka Group

Krister Mattsson

Ingka Investments, Ingka Group

Barbara Martin Coppola

Group Digital, Ingka Group

Davide Urani

Group Strategy, Development & Innovation, Ingka Group

Olivia Ross Wilson

Group Communication, Ingka Group

Ulrika Biesèrt

Group People & Culture, Ingka Group

Laia Andreu Lopez

Management 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 the recommendations from Management Board, Supervisory Board approves, amongst others, the strategic plan, the main directions and budget of the Ingka Group.

As per 31 August 2018, the Supervisory Board of Ingka Holding B.V. consists of;