Ikea's founder sets family succession plan
August 19, 2002,
Ikea founder Ingvar Kamprad has told a newspaper here that his three sons are ready to take over the global furniture chain.
He told the Financial Times that his eldest son, Peter Kamprad, 38, probably will become chairman of the Dutch foundation that holds the retailing operation. Jonas Kamprad, 35, will direct the product line. Matthias Kamprad, 33, could succeed Ikea's current president, Anders Dahlvig.
Kamprad gave no timetable for the succession plan at Ikea, or for a possible sale of the Habitat chain.