Skip to main content
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 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.

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 392 IKEA stores in 32 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.

Child playing with his BLAHAI toy.

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 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.

Jesper Brodin

President and CEO, Ingka Group

Juvencio Maeztu

Chief Financial Officer and Deputy CEO, Ingka Group

Kurt-Jörgen Olsson

General Counsel, Ingka Group

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.

Tolga Öncu

Retail Operations Manager, Ingka Group

Portrait of Cindy Anderson, Managing Director of Ingka Centres

Cindy Andersen

Managing Director, Ingka Centres

Krister Mattsson

Ingka Investments Manager, Ingka Group

Barbara Martin Coppola

Group Digital Manager, Ingka Group

Tony Sandelius

Strategy, Development & Innovation Manager, Ingka Group

Ulrika Biesèrt

Group People & Culture Manager, Ingka Group

Karen Pflug

Karen Pflug

Chief Sustainability Officer, Ingka Group

Belen Frau

Belen Frau

Global Communication Manager, Ingka Group

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.

Ingka Group supervisory board chairman Lars-Johan Jarnheimer

Lars-Johan Jarnheimer


Ingka Group supervisory board member Luisa Delgado

Luisa Delgado

Ingka Group supervisory board member Mark Newton-Jones

Mark Newton-Jones

Ingka Group supervisory board member Ian Worling

Ian Worling

Ingka Group supervisory board member Jonas Kamprad

Jonas Kamprad

Ingka Group supervisory board member Tore Bertilsson

Tore Bertilsson

Ingka Group supervisory board member Lone Fønss Schrøder

Lone Fønss Schrøder

Ingka group Supervisory board member Peter Kamprad

Peter Kamprad