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H&M proposes Helena Saxon replaces Niklas Zennstrom on its board

By Reuters   |   Mar 27, 2024 at 03:37 AM EST
H&M proposes Helena Saxon replaces Niklas Zennstrom on its board

STOCKHOLM (Reuters) - Swedish fashion retailer H&M said on Wednesday its nomination committee proposes Helena Saxon as a new board member.

H&M said in a statement that Saxon, a former chief financial officer at Swedish investment group Investor AB and a board member of bank SEB, would replace Skype founder Niklas Zennstrom who declined re-election.

(Reporting by Anna Ringstrom, editing by Essi Lehto and Louise Rasmussen)

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