Company Leadership Changes - Inter IKEA Group CEO Jon Abrahamsson Ring will step down at the end of the year, with Jakub Jankowski set to take over as CEO on January 1, 2026 [1][2] - Jankowski has extensive experience in various countries, including Poland, Romania, the Netherlands, Switzerland, and Sweden [2] Economic Context - The furniture manufacturing sector is facing challenges due to global economic headwinds, including inflation and reduced consumer spending [3][6] - IKEA is particularly vulnerable to U.S. import tariffs, as it relies heavily on imports in the U.S. market compared to other regions [4] Strategic Focus - Jankowski aims to make IKEA more affordable and accessible to customers, especially in light of current economic conditions [3][6] - The company has previously raised prices due to supply chain disruptions and high raw material costs during the COVID-19 pandemic, but is now focused on reducing prices to attract inflation-weary shoppers [6] Leadership Transition - The leadership changes at Inter IKEA and Ingka Group mark a significant shift, as both companies are now led by non-Swedes for the first time [7] - Abrahamsson Ring, who has been CEO since 2020, stated that the timing of his departure is appropriate and not connected to the recent appointment of Ingka Group's new CEO [5]