No. 20 - Johan Molin (Assa Abloy)


Age: 59

 

Years at current company: 13

 

Nationality: Swedish

 

Industry: Security equipment

 

Turnover: $8.6bn

 

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.

Read the full Special Report: Top 100 Executives – 2018 Edition

A lack of a long-term strategy is a good indication of a company that lacks ambition, and this is often a fatal flaw. For our first ever Top 100 Executives list, Leaders League took the conscious decision to highlight those executives who, without losing sight of the present, have been able to envisage the future. It’s notoriously difficult to find a way for these two temporalities to coexist in today’s fast-paced digital world, but all those on our list have outstanding leadership abilities, iron determination and, of course, The Vision Thing.
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