After only a few years as sustainability head at clothing giant H&M, she has been named the most powerful businesswoman in Sweden. Helena Helmersson, as of yesterday has taken her role as the new CEO of the Swedish group, the first woman to pilot one of the four largest fashion groups in the world. I felt that I could contribute by inspiring others to set their own sustainability agendas. RESOURCES WE ARE DOING RIGHT When Helena Helmersson stepped into the top job at H&M Group in January 2020, fast fashion was already under pressure, facing disruption from ultra-fast digital native competitors and . Helena Helmersson (born 1973) is a Swedish business executive. By entering my e-mail address and clicking the Subscribe button, I declare my consent to ACROSS Medien und Verlags GmbH to send me information on a regular basis about expert opinions, current trends, latest news, and industry events by e-mail. She thinks fashion can be cheap AND ethical, 10 Things You Didnt Know about Steve Bullock, 10 Things You Didnt Know about Natwest CEO Alison Rose, 10 Things You Didnt Know About Raquel Urtasun, 10 Things You Didnt Know About Frederic Mazzella, 10 Things You Didnt Know about Kurtis Lin, 10 Things You Didnt Know About Nigel Verdon, 10 Things You Didnt Know About Tonal CEO Aly Orady, 10 Things You Didnt Know About Fred Perry CEO John Flynn, 10 Things You Didnt Know about Da Hongfei, 10 Things You Didnt Know about Qantas CEO Alan Joyce, How Dustin Moscovitz Achieved a Net Worth of $17 Billion, How Ali Wong Achieved a Net Worth of $3 Million, Eight Reasons to go to French Polynesias Marquesas Islands, How Lisa Rinna Achieved a Net Worth of $10 Million, 20 Cities with The Worst Weather in Europe. But even before she got promoted to the top position, she was already making waves thanks to her efforts in sustainability. It works only in coordination with the primary cookie. HELENA: I HAVE BEEN PART OF THE But its also for us, to secure our growth, because two-thirds of our suppliers working with wet processes are in water-scarce areas. Hemos visto que tienes una ip espaola, quizs quieras ver las noticias relacionadas con tu zona. But the editors were not simply recognizing Helena for her organizational role, or for the size of the company where she exercises it. For the first time, a woman runs one of the four largest fashion groups in the world. Helmersson will take over from Karl-Johan Persson, grandson of the founder, who took over the reins of the family business in 2009. INTERNATIONAL - Only 14 months into the role, Hennes & Mauritz CEO Helena Helmersson has already suffered more challenges than some long-time CEOs face during their careers. This might sound strange, but I have never had climbing the ladder as a goal. "We have. I SEE THAT AS AN EXPLORATION AtKisson: You came into this position as head of sustainability from a somewhat non-traditional direction. What is this star's secret?
. This cookie is used by the website's WordPress theme. REFER TO THE China Seeks Peaceful Reunification With Taiwan in Key Report, Second Norfolk Southern Train Derails in Ohio in a Month, Bank of Canada Risks Falling Too Far Behind Fed, Scotia Says, Feds Daly Says More Rate Hikes Likely Needed to Cool Inflation, Colombia Prices Rise Less than Forecast to a Fresh 24-Year High, Italys CDP, Macquarie Said Set to Make Telecom Italia Grid Offer, VW Will Build a $2 Billion Electric Truck and SUV Plant in South Carolina, China E-Commerce Giant JD Set for $1.4 Billion Discount Spree, The UK Is Using Drones to Prosecute Small-Boat Migrant Smugglers, Trump Vows to Finish Mission, Cements Dominance Over CPAC, Bolsonaro Says Mission Isnt Over as US Conservatives Fete Him, Harrods Shrugs Off Recession Fears as Rich Get Richer, FT Says, Wealthy NYC Family Feuds Over $258 Million Madison Avenue Sale, Porsche, Ferrari E-Fuel Push at Heart of EU Engine Debate, Tom Sizemore, 'Saving Private Ryan' Actor, Dies at 61. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. MDS does not perform prior verification for the publication of comments. If you dont, youll probably be familiar with him as one of the 2020 Democratic candidates for President of the United, Read More 10 Things You Didnt Know about Steve BullockContinue, When Alison Rose discovered that only 1% of venture capital funding is given to all-women teams, she decided to do something about it. Helena Helmersson, born in 1973, has been the president and chief executive officer of H & M Hennes & Mauritz AB since 30 January 2020. You also have the option to opt-out of these cookies. If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. Enjoy ACROSS The European Placemaking Magazine on your desktop, tablet, or smartphone. The cookies is used to store the user consent for the cookies in the category "Necessary". THIS IS MY FIRST DAY IN THE NEW AtKisson: The new report also talks about providing sustainability as an important added value. That's why I nearly fell off my chair when I read that Helena Helmersson, head of sustainability for Swedish global clothing & retail giant H&M, was named the most powerful person in business in Sweden for 2014 by that nation's leading business magazine. Helena Helmersson:Yes, very much so. (The) Made in Bangladesh collection is something that Im proud of. H&M also named company veteran Helena Herlmersson as the new CEO, effective immediately. Please fill the registration form to subscribe to the MDS Newsletter and receive all fashion industry-related news, analysis and opinion articles on the fashion business. Leadership; Supply Chain; see less Helena Helmersson Email Address Found 1 email address listing: @hm.com . AtKisson: This year, for the first time, H&M began selling clothes that have recycled fibers in them. How can we push even faster to become less dependent on natural resources? Speaking to GreenBiz about the honor, Helmersson said Im super proud and very happy. Herlmersson, most recently chief operating officer, succeeds Karl-Johan Persson, who will move into the chairmanship role subject to the approval of shareholders during a May 7 meeting. He spends more time than is perhaps wise with his eyes fixed on a screen either reading history books, keeping up with international news, or playing the latest releases on the Steam platform, which serve as the subject matter for much of his writing output. We have moved from one brand to become a multi-brand company with today nine brands. Necessary cookies are absolutely essential for the website to function properly. She began having constructive conversations to have more women become investment officers, Read More 10 Things You Didnt Know about Natwest CEO Alison RoseContinue, Over the past few years, more women have taken up roles in science and technology. AtKisson: How about yourself? Shes reshaping H&M for the digital age, 10. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX. Compensation. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, More Iranian Schoolgirls Sickened in Suspected Poisoning Wave, No Major Offer Expected on Childcare in UK Budget, Oil Investors Get $128 Billion Handout as Doubts Grow About Fossil Fuels, Climate Change Is Launching a MutantSeed Space Race, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? 1 hm.com; 2 +46 70 710 2XXXX; 468796XXXX; Annie Wu Chief Diversity Officer - Global Head of Inclusion and Diversity . H & M Hennes & Mauritz AB (publ) (OTCPK:HNNMY) Q3 2021 Earnings Conference Call September 30, 2021 3:00 AM ETCompany ParticipantsHelena Helmersson - CEOAdam Karlsson - CFONils Vinge. IN 10 YEARS? Her initiatives have included value chain transparency, collecting worn-out clothing, and removing hazardous chemicals. Helena Helmersson, born in 1973, has been the president and chief executive officer of H & M Hennes & Mauritz AB since 30 January 2020. Inditex is piloted by Pablo Isla, as executive president, and Carlos Crespo, who assumed the role of CEO in 2019. In January 2020, I got the amazing opportunity to take on the. DIFFERENT WAYS. BERLIN (Reuters) - Swedish fashion giant H&M appointed company veteran Helena Helmersson as chief executive on Thursday, as it reported its first rise in annual profit since 2015 and pleased. THE LINES WERE OUT THE DOOR FOR AVENUE, SOME OF IT BECAUSE OF As its onetime chief sustainability officer, shes also the first to focus on fast fashions dire environmental record, saying she wants to make production recyclable and circular by 2030. But where one door closes, another opens. Helena Helmersson, born in 1973, started at H&M in 1997 as an economist at H&M's buying department and thereafter held various roles within Buying and Production. The David Rubenstein Show: Peer-to-Peer Conversations" explores successful leadership through the personal and professional choices of the most influential people in business. Find out more about the H&M CEO Helena Helmersson with these ten quick facts. HOW WELL RENEGADE CREATIONS -- Helmersson spent more than five years in H&M's sustainability team, first as social sustainability manager then as sustainability manager. This cookie is set by GDPR Cookie Consent plugin. We also use third-party cookies that help us analyze and understand how you use this website. The CEO reports to the board on the H&M groups development and produces decision bases for investments, expansion, etc. Over 20 years later, the job title may have changed, but the companys still the same. SUSTAINABILITY FOR MANY YEARS, H&M Leadership Style - An Analysis. Shes Swedens Most Powerful Woman in Business, 8. YOU WITH CLARITY IN THE NEAR For just over a year she has been COO (Chief Operating Officer) with responsibility for expansion, logistics, production, IT, Advanced analytics and AI and Insights and Analytics. YOU DISCOVERED PROFITABILITY, OR Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. In an online presentation ahead of the company's annual general meeting on Thursday, chief executive officer Helena Helmersson said the company had adapted rapidly to shifting market conditions. Ask colleagues and leaders for feedback. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. NEED TO SECURE THAT WE CAN GO Helena Helmersson es desde 2020 consejera delegada de H&M. Publicidad. "We are determined to be a part of the solution, but to achieve systemic change, industry-wide collaboration will be key," Helena Helmersson, CEO H&M Group. Helmersson: We started with a small denim collection. This cookie is set by GDPR Cookie Consent plugin. THE TESTS WE HAVE TO DO GOING We have a plan, we feel we can make change, and were doing the very best we can. AN ENVIRONMENTALLY STABLE Will growth still be possible? Adam Karlsson, born in 1976 and currently Head of Controlling at the H&M brand, will today take over as CFO for the H&M group. And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries. 2 years later, she made news headlines when she was promoted to replace Karl-Johan Persson (the grandson of the founder and H&Ms CEO since 2009) as chief executive of the group. Helmersson began her career at H&M as a controller after focusing her studies on controlling and international business. CUSTOMERS THROUGH THAT, AND HAVE If I then go back to my own leadership and what I'm very passionate about . These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. We have been engaged on that issue for so many years, trying different things, and feeling frustrated that its not progressing as fast as we would like. Helena Helmersson, designated CEO of Swedish clothing retail giant Hennes and Mauritz (H&M), arrives for a press conference at the company's headquaters in Stockholm, January 30, 2020. The answer proved to be quite simple, and also quite visible in H&Ms newly released sustainability report, "Conscious Actions 2013": she sets goals, and gets things done. Helmersson, 47, became the first female CEO of the fast-fashion company, taking over from founding family scion Karl-Johan Persson, 46, who's now chairman. Helena Helmersson, born in 1973, started at H&M in 1997 as an economist at H&M's buying department and thereafter held various roles within Buying and Production. Helmersson: When I started, I could more easily relate to social questions, because I worked in production. We know exactly where we have wet processes with our suppliers; they know exactly the critical locations and geographies where there is either water scarcity or big problems with water quality. 59TH STREET AND LEXINGTON Were you surprised? WITHOUT USING THE NATURAL He likes Skiing, cycling, building electric guitars, and playing music. If theres one thing you cant accuse Helmersson off, its not being well travelled. WHERE WE HAVE TO FIND OUR WAY Helena Helmersson, CEO at H&M Group, and Maisie Williams, Actor and Global Sustainability Ambassador for H&M, discussed "Fashion's new normal" at the Fashion Future's 2021 conference in Stockholm. Helmerssons work has helped put sustainability issues on the wider corporate agenda. Helmersson agreed with the need for collective bargaining, but suggested that one difficulty was the imbalance in a country if garment workers ended up being paid more than teachers or civil servants. And I have wonderful and talented colleagues. Helmersson: Maybe how we integrate sustainability into the customer offer. I like the company and the values very much. Powered and implemented by Interactive Data Managed Solutions. Sweden View. Zalando Co-CEO David Schneider virtually sat down with H&M Group CEO Helena Helmersson to discuss the importance of having strong company values, particularly at times of crisis. THING WE ARE TESTING. Her first international assignment was in Dhaka, Bangladesh, where she spent most of 2007 working as a production manager. In 2018, she relocated to the companys Stockholm headquarters to take the reigns as the director of operations of the group, with responsibilities over expansion, logistics, production, IT, and analytics. TO INTEGRATE La empresa aument sus ventas un 11 % durante el ao pasado y logr . I feel confident in handing over the CEO role to Helena, who is an experienced and great leader who embodies our values. AtKisson: What question did I not ask you that I should have asked you? So when it comes to closing the loop on our use of natural resources, I feel we need to rush. En el marco de la pandemia mundial, Helena reciba la responsabilidad de convertirse en CEO de la marca de moda sueca Hennes y Mauritz (H&M), oferta que por supuesto nunca dud en aceptar. Helene Helmersson was director of sustainability and responsible for global production. We managed to take old garments that we collected in our stores and return the cotton to our supply chain. [2] Biography [ edit] I feel that Im responsible for something very important, but I see that as a challenge. We developed a very holistic new approach based on four cornerstones [engagement with governments, factory employees, factory owners and H&Ms own practices]. In 2015, she was promoted to global head of production and, in 2018, was appointed chief operating officer. He has an entrepreneur background in that his great grandfather was one, Read More 10 Things You Didnt Know About Nigel VerdonContinue. We inform you that on this website we use our own and third-party cookies to collect information about its use, improve our services and, where appropriate, display advertising by analyzing your browsing habits. Her last ascent came just a year ago when she was appointed director of operations of the group, with responsibilities for expansion, logistics, production, IT, and analytics. AND SEE HOW WE CAN GO IN Karl-Johan and the team have done an amazing job to secure the future of the H&M group. Before, we were just trying to be a clean fish in a dirty pond, you know? Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. SUSTAINABILITY WORK. In 2015, the executive was promoted to global director of production in Hong Kong. Helena Helmersson, head of sustainability for H&M, spoke with just-style about the company's major milestones, including closed loop clothing, collaboration, and the group's African sourcing plans. Ipid qui alitiaris it labo. We wanted, Read More 10 Things You Didnt Know About Frederic MazzellaContinue, Kurtis Lin is one of the co-founders of Pinwheel, which specializes in income, payroll, and employment-related APIs. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. FRANCINE: THERE IS A HUGE SHIFT ARE YOU WILLING TO CLOSE STORES? Named the most important businessperson of the year by Sweden's leading business journal in 2014, Helena Helmersson has been part of H&M since 1997, when she joined as a budget controller in the buying office. Laissez-faire. Shes H&Ms first woman chief exec, plus the first from outside the controlling Persson family. Helena Helmersson started her career at H&M year 1997 as a Business Controller at the Buying Office in Stockholm, Sweden. Shareholding in H&M: 19,070 shares and 300,000 call options*. Adam has worked within the H&M group since 2003. Are customers recognizing that? Helmersson: In the e-learning program that weve done for all 116,000 employees, the content is about the value chain. PHYSICAL STORES VERSUS ONLINE. Helmersson has been at H&M since 1997. After 8 years as H&Ms manager for social responsibility and supply in Sweden, Helmersson was promoted to global head of production in 2015. Helena Helmersson assumes today her role as CEO of H & M Hennes & Mauritz AB. So we put an advisory board in place, specifically on wages. A VERY INTERESTING I will continue to be a committed owner, just as today, but from a different position. Stefan Persson will now submit his proposal to the Nomination Committee.