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Fortune
Fortune
Emma Burleigh

Ikea's incoming CEO started his career as a store manager—he recalls working at 5 a.m. in the loading area and eating hotdogs with the founder

Incoming Ikea CEO Juvencio Maeztu (Credit: Mint / Contributor / Getty Images)
  • Juvencio Maeztu will become Ikea’s new CEO this November after climbing the company’s corporate ladder for 25 years. The current deputy chief and CFO started off as a store manager in Spain in 2001. While Gen Z hopes to make it to the top by job-hopping across companies, Maeztu has proved staying loyal pays off in the long-run. Outgoing Ikea boss Jesper Brodin and Walmart leader Doug McMillon also spent decades of their lives working their way up to the top spot. 

Staying loyal to one company for decades feels like a career strategy of the past—but it’s paid off for Ikea’s incoming CEO Juvencio Maeztu, who stuck with the company for 25 years. He started off as a store manager in his early 30s—and has slowly worked his way up to the coveted throne of the global retail titan. 

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