Press release -
Björn Annwall to join Axel Johnson’s Board
Björn Annwall has been appointed to the board of Axel Johnson AB. He is serving as the CFO of Volvo Cars since 2021 and has previously held several leading positions within Volvo Car Group, including head of EMEA and Senior VP for Marketing, Sales and Service. Before joining Volvo, he was a Senior Partner at McKinsey & Co. Björn holds a Master of Science degree in Business and Economics from the School of Economics.
Caroline Berg, Executive Chair, Axel Johnson:
”I am very happy to welcome Björn to the Axel Johnson board. With his broad background in industrial as well as consumer businesses, his international outlook and understanding of key themes such as digitalization and electrification, he will make valuable contributions to the continued renewal and development of Axel Johnson.”
Björn Annwall:
”I am thrilled to join the board of Axel Johnson and contribute to the inspiring transformation of the group towards digitalization and sustainability. For 150 years, the group has constantly embraced change and reinvented itself, without losing sight of its strong values of customer centricity and the willingness to change and test new ideas. This will be an exciting journey that I am looking forward to being part of.”
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Axel Johnson is a leading Swedish family-owned group, with a major footprint in Food, and with businesses spanning across sectors as diverse as Industrial and IT Solutions, Beauty, Health and Wellness, and Solar energy. Group companies currently comprise Axel Johnson International, KICKS, Martin & Servera, Novax, Åhléns and the partly owned listed companies Axfood (equity stake 50.1 %) and Dustin (equity stake 27.3 %). Axel Johnson’s consolidated annual sales amounts to SEK 94.7 billion (2021) and the wholly and partly owned companies have about 25,000 employees. Axel Johnson is a family-owned company in the fourth and fifth generation and is owned by Antonia Ax:son Johnson and her family.
