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BIGGEST IKEA RETAILER NAMES VETERAN JUVENCIO MAEZTU CEO AS BRODIN STEPS DOWN

  • NEWS Desk Global
  • Aug 13, 2025
  • 1 min read

The world's biggest retailer of IKEA furniture said on Wednesday CEO Jesper Brodin was stepping down after eight years, to be succeeded by Spaniard Juvencio Maeztu, the first non-Swede to lead the group.

Maeztu takes the top job at Ingka Group as the Swedish retailer grapples with U.S. tariffs, wars and geopolitical tensions that risk disrupting its operations spanning 31 countries from Europe to China, India and the United States.

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