Ingvar Kamprad up of the initials of his name (Ingvar Kamprad) plus those of Elmtaryd, the family farm where he was born, and the nearby village Agunnaryd where he was raised. In June 2013, Kamprad resigned from the board of Inter IKEA Holding SA and his youngest son Mathias Kamprad replaced Per Ludvigsson as the chairman of the holding company. Following his decision to step down, the then-87-year-old founder explained, "I see this as a good time for me to leave the board of Inter IKEA Group. By that we are also taking another step in the generation shift that has been
Ingvar the Far-Travelled Victorious. A second theory suggests that Ingvar was the son of a Swedish prince named Eymundr and who would have been the son of Eric the Victorious and the brother of Olof Skötkonung. The existence of this prince Eymundr has been suggested by Lauritz Weibull (1911) and J. Svennung (1966). The theory is based on a reevaluation of the age of the Ingvar runestones, proposed by Elias Wessén and Sune Lindquist and which suggests that the Ingvar Runestones were carved earlier in the 11th century. According to a third theory, proposed by F. Braun, and which is based on the