Company management

The Managing Director is appointed by the Board of Directors and is responsible for the daily management of the company as directed by the Board. This means that the Managing Director must place particular importance on recruiting senior executives, buying and logistics matters, pricing policy and sales, marketing, development of the store network and IT development. The Managing Director reports to the Board on H&M’s development and produces decision bases for investments, expansion, etc. The role of Managing Director also includes contact with the financial market, the media and authorities.

H&M’s Managing Director has appointed a team of senior executives with day-to-day responsibility for the various parts of the business. This team consists of the Managing Director himself and twelve other individuals, six of whom are women since the start of 2010. The executive management team is responsible for the following areas: finance, buying, production, sales, expansion, accounts, human resources, marketing, information, investor relations, corporate social responsibility and security.

H&M complies with the insider rules and regulations that are in force. A number of employees in senior positions and other individuals have been registered as having insider status.