UPDATE 1-IKEA brand owner appoints Abrahamsson Ring as CEO <!-- no image --> <div>* Incoming CEO sees widening range of lower priced products (Adds CEO & incoming CEO comment, detail, background)<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=uGqj2XCby_E:uDuPro2RNFE:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=uGqj2XCby_E:uDuPro2RNFE:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=uGqj2XCby_E:uDuPro2RNFE:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=uGqj2XCby_E:uDuPro2RNFE:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=uGqj2XCby_E:uDuPro2RNFE:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/uGqj2XCby_E" height="1" width="1" alt=""></div> Posted by Reuters