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

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© Reuters. A view shows an H&M warehouse at Magna Park in Milton Keynes, Britain, September 26, 2021. Picture taken September 26, 2021. REUTERS/Andrew Boyers/File Photo

H&M said in a statement that Saxon, current 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.

(This story has been corrected to say ‘current’, not ‘former’, in paragraph 2)