Helena Helmersson facts for kids
Quick facts for kids
Helena Helmersson
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Born |
Helena Helmersson
October 1973 (age 51) Skellefteå, Sweden
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Occupation | Business executive |
Title | Chief executive, H&M |
Term | 2020–2024 |
Predecessor | Karl-Johan Persson |
Successor | Daniel Ervér |
Children | 2 |
Helena Helmersson (born October 1973) is a Swedish former business executive. From 2010 to 2020, she was head of sustainability at the Swedish retail clothing company H&M, and from 2020 to 2024 she was its CEO.
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Early life
Helmersson was born in Skellefteå in the north of Sweden along with her parents and two sisters. She graduated with a master's degree in international business administration from the Umeå School of Business and Economics in 1997.
Career
Helmersson joined joined H&M in 1997. She became a section manager in the buying office before she went to Dhaka, Bangladesh in 2007 where she was H&M's production manager. After a further period serving as their department manager for underwear production in Hong Kong.
In 2010 when she returned to Stockholm to be manager for social responsibility and supply. Helmersson's responsibilities covered the improvement of the social and environmental sustainability of supply, contributing to H&M's sustainability strategy which was initially implemented in the 1990s.
She was appointed CEO of H&M on 30 January, 2020. During her tenure H&M faced financial challenges due to the Covid pandemic and losses from disinvesting in Russia as a result of the Russo-Ukrainian war as well as global supply chain difficulties and costs.
On 31 January 2024, it was announced that Helmersson would be replaced as CEO of H&M by Daniel Ervér.
[…]it has been very demanding at times for me personally and I now feel that it is time to leave the CEO role, which of course has not been an easy decision.
In June 2024, Henderson joined the board of Quizrr, a Swedish digital training platform company founded by her husband.
Recognition
In March 2014, Helmersson was listed as Sweden's "Most Powerful Woman in Business" by the weekly business magazine Veckans Affärer.
In 2019, she received the "Influential Leader" recognition from the Association to Advance Collegiate Schools of Business (AACSB) for influencing the way corporations view sustainability.
Helmersson was awarded an honorary doctorate by the Faculty of Social Sciences at Umeå University in 2020 for her commitment to sustainability issues.
She was ranked 41st on Fortune's list of Most Powerful Women in 2023.
Personal life
Helmersson is married and has two children. She lives in Danderyd Municipality.