Swedish clothing group Hennes & Mauritz AB is strengthening its focus on digital transformation with the appointment of Diego Teijeiro as its new global chief information officer (CIO).
As the Spanish specialist media Modaes exclusively reported, the Spanish manager with more than two decades of experience at Inditex will take over the position from May 25th. In his new role, Teijeiro will be a member of the Swedish company’s leadership team and will report directly to CEO Daniel Ervér.
Technology currently plays a central role in the Stockholm-based group’s strategy. Hennes & Mauritz plans to intensify its investments in technological infrastructure this year as part of its transformation roadmap. The aim is to modernize the systems and create a more flexible operational basis for the coming years. The company believes this development will be critical to accelerate processes, improve data management and strengthen responsiveness in an increasingly demanding environment.
Teijeiro, who graduated from the University of Vigo, joined Inditex, the parent company of brands such as Zara, Massimo Dutti and Bershka, in 2007. He previously worked for companies such as Deloitte and Mapfre. He held various positions in technology within the Galician group before being appointed Global Head of Data & Analytics in 2018.
Hennes & Mauritz started the 2025/26 financial year with mixed results. In the first quarter, group sales fell by ten percent to 49.6 billion Swedish crowns (4.6 billion euros). However, this was mainly due to exchange rate effects. In the respective local currencies, the decline was only one percent.
Despite the decline in sales, the company managed to improve its profitability. This was achieved by limiting discount campaigns and strict cost control. The operating result therefore increased by 26 percent and the net profit by 23 percent.
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