Years at current company: 13
Industry: Security equipment
Rate of growth: 19.3% since 2015
To take his company forward, Johan Molin has followed a policy of strategic acquisition. Between 2014 and 2018 this Swedish businessman has signed off on no less than 10 acquisitions in five different countries. The objective? To modernize and internationalize the security equipment specialist. It’s been a successful strategy as Assa Abloy is now the world leader in digital identity-authentification equipment. But Molin has no intention of stopping there. Carrying little debt, he envisages making acquisitions on a more systematic basis.
Notable success: At the end of 2017, the mere rumor of his departure saw shares lose 5% of their value.