Ikea has appointed a new chief executive, with incumbent Peter Agnefjall due to step down after five years in the role.
The furniture giant has appointed Jesper Brodin, currently head of Ikea Sweden, to replace Agnefjall as boss of Ikea Group, which owns most Ikea stores around the world.
He takes up the role on 1 September, and will be based in Leiden, in the Netherlands.
According to a statement from Ikea, Agnefjall will take some time off following his departure to spend time with his family, before embarking on his next venture.
“After 22 extraordinary years at IKEA, and five years after I was brought into this role, I believe it is a natural time for me to take a change of path," Agnefjall said.
"These years have meant a lot to me, both personally and professionally, and it’s been a big part of my life. I will now take some time off with my family, before I embark on my next journey. I look forward to continuing to follow the success of this fantastic company with its many talented co-workers. I will continue to be one of the greatest fans of IKEA and stay close to the many friends I’ve made during the years."
Ikea recently announced it will create 1,300 jobs in the UK by 2018. The retailer is building three new stores in Sheffield, Exeter and Greenwich, adding to the 19 Ikea shops already in the UK.
The expansion takes place in the 30th year of Ikea's presence in the UK.