Ikea brand owner appoints new CEO

// Inter Ikea Holding CEO Torbjörn Lööf to step down and be succeeded by Jon Abrahamsson Ring
// Ring currently leads the group’s franchising division, but at one point he was the PA to Ikea founder Ingvar Kamprad
// Inter Ikea owns Ikea’s intellectual property & supply chain and is separate from Inkga Holdings, which owns the storesThe company that controls Ikea’s intellectual property and supply chain has appointed Jon Abrahamsson Ring as its new chief exec