Erik Nils Engström (born 14 June 1963) is a Swedish businessman and the chief executive officer (CEO) of
RELX
RELX plc (pronounced "Rel-ex") is a British Multinational corporation, multinational information and analytics company headquartered in London, England. Its businesses provide scientific, technical and medical information and analytics; legal i ...
, a multinational information and analytics company that operates in four market segments: scientific, technical and medical; risk and business information; legal; and exhibitions.
Early life
Erik Engström is the son of Alice Engström and Dr Kjell Engström of
Täby, Sweden, who was managing director of the
Swedish Museum of Natural History, Stockholm.
He has a BSc from the
Stockholm School of Economics, an MSc from the
Royal Institute of Technology in Stockholm, and an MBA from
Harvard Business School,
Harvard University
Harvard University is a Private university, private Ivy League research university in Cambridge, Massachusetts, United States. Founded in 1636 and named for its first benefactor, the History of the Puritans in North America, Puritan clergyma ...
, where he was a
Fulbright scholar.
Career
Engström started his career as a consultant with
McKinsey & Company. He was president and chief executive officer of
Bantam Doubleday Dell, North America, before its merger with Random House, and was then president and chief operating officer of
Random House Inc.. He was a partner at
General Atlantic.
Engström was appointed chief executive of
Elsevier
Elsevier ( ) is a Dutch academic publishing company specializing in scientific, technical, and medical content. Its products include journals such as ''The Lancet'', ''Cell (journal), Cell'', the ScienceDirect collection of electronic journals, ...
in 2004, and was appointed chief executive of RELX (formerly Reed Elsevier), under the chairmanship of
Anthony Habgood, in 2009. Two weeks after becoming CEO, Engstrom said a strategic review was not necessary. RELX number one strategic priority has been "the organic development of increasingly sophisticated information-based analytics and decision tools that deliver enhanced value to our customers, supplemented by selective acquisitions of targeted data, analytics and exhibition assets. that support our organic growth strategies." Under Engström RELX has achieved strong business and share price performance, resulting in good compensation for Engström.
Personal life
In 1997, Engström married Elizabeth Hobson "Libby" Pierpont, the daughter of Elizabeth Wentworth Pierpont and Carleton Langley Pierpont, a property developer, of
Darien, Connecticut at St. James' Church in New York.
References
1963 births
Living people
Swedish chief executives
KTH Royal Institute of Technology alumni
Harvard Business School alumni
McKinsey & Company people
Stockholm School of Economics alumni
{{UK-business-bio-1960s-stub