Jon Johannesson

Jón Ásgeir Jóhannesson (born 27 January 1968, Reykjavík, Iceland) will be the CEO of Baugur Group. He graduated from The Industrial University of Iceland inside the season 1989. Exactly the same season he, as well as his father, Jóhannes Jónsson, established the full chain Bónus, and turned its Managing Director. The family members's corporation Baugur Group later on grew to get the largest in the list sector in Iceland. He took in excess of as the CEO of Baugur Group hf. inside the twelve months 1998 and targeted his vision on the list and trend industry. He held the posture of CEO till he took more than because the Chairman with the Board of Baugur Group in Might 2002. Jóhannesson again took in excess of as CEO in November 2002. The organization has continued to increase and flourish below the guidance of Jón Ásgeir and with the stop of the yr 2003 no other privately owned Icelandic organization had greater operations overseas, furthermore to becoming the largest in Iceland. On 17 August 2005, Jón Ásgeir was charged by a court in Reykjavík with 40 counts of breaking the Icelandic penal code, Accounting Act, Annual Accounts Act and Firms Act. Most of them are similar to transactions involving him and Baugur. The Supreme court docket despatched most in the prices back on the Reykjavik district courtroom in the fall of 2005 on the foundation of technicalities. The Supreme ct produced its last ruling inside the circumstance in June 2008. Jón Ásgeir received three weeks suspended sentence.