-
New appointments to the Ericsson Executive
Leadership Team (ELT) and regional heads, effective July 1,
2016
-
Changes follows new organizational structure
announcement
Ericsson (NASDAQ:ERIC) today announced a series of
organizational and structural changes to strengthen strategy
execution to drive growth and profitability. Following this
announcement, the Executive Leadership Team (ELT) will consist of
the following members as of July 1, 2016:
Hans Vestberg, President and
CEO (since 2010)
Jan Frykhammar, Executive
Vice President, Chief Financial Officer and Head of Group Function
Finance & Common Functions. Frykhammar currently holds the
position as Executive Vice President, Chief Financial Officer and
Head of Group Function Finance (since 2009)
Arun Bansal, Senior Vice
President and Head of Business Unit Network Products. Bansal
currently holds the position as Head of Business Unit Radio (since
2014) - new member of the ELT
Per Borgklint, Senior Vice
President, Chief Innovation Officer and Head of Business Unit
Media. Borgklint currently holds the position as Senior Vice
President and Head of Business Unit Support Solutions (since
2011)
Bina Chaurasia, Senior Vice
President, Chief Human Resources Officer and Head of Group Function
Human Resources (since 2010)
Ulf Ewaldsson, Senior Vice
President, Chief Technology Officer and Head of Group Function
Technology (since 2012)
Niklas Heuveldop, Senior Vice
President, Chief Customer Officer and Head of Group Function Sales.
Heuveldop currently holds the position as Head of Global Customer
Unit AT&T - new member of the ELT
Chris Houghton, Head of
Region North East Asia (since 2015) - new member of the ELT
Fredrik Jejdling, Senior Vice
President and Head of Business Unit Network Services. Jejdling
currently holds the position as Head of Region sub-Saharan Africa
(since 2013) - new member of the ELT
Anders Lindblad, Senior Vice
President and Head of Business Unit IT & Cloud Products.
Lindblad currently holds the position as Head of Business Unit
Cloud & IP (since 2014) - new member of the ELT
Nina Macpherson, Senior Vice
President, Chief Legal Officer and Head of Group Function Legal
Affairs (since 2011)
Helena Norrman, Senior Vice
President, Chief Marketing and Communications Officer and Head of
Group Function Marketing and Communications (since 2014)
Jean-Philippe Poirault,
Senior Vice President and Head of Business Unit IT & Cloud
Services. Poirault currently holds the position as Head of
Consulting and Systems Integration - new member of the ELT
Rima Qureshi, Senior Vice
President, Head of Region North America and Chief Strategy Officer.
Qureshi currently holds the position as Senior Vice President, Head
of Group Function Strategy and Head of M&A (since 2014)
Charlotta Sund, Senior Vice
President and Head of Customer Group Industry & Society. Sund
currently holds the position as Head of Region Northern Europe and
Central Asia (since 2014) - new member of the ELT
Elaine Weidman-Grunewald,
Head of Group Function Sustainability and Corporate Responsibility
- new member of the ELT
In addition to the ELT members Ericsson today also
announces the following appointments effective July 1, 2016:
Peter Laurin, Head of Region
Northern Europe and Central Asia. Laurin currently holds the
position as Head of Global Customer Unit Vodafone
Jean-Claude Geha, Head of
Region sub-Saharan Africa. Geha currently holds the position as
Head of Business Line Managed Services
Gustav Brismark, Chief
Intellectual Property Officer and Head of IPR & Licensing.
Brismark currently holds the position as Vice President, Patent
Strategy and Portfolio
Hans Vestberg, President and CEO of Ericsson says:
"As we move into a new phase of the company development I want to
give a special recognition and thanks to the leaving ELT members.
They have been instrumental in building our market leadership and
setting us on our current path of change."
The following individuals will leave the Executive
Leadership Team effective July 1, 2016:
Magnus Mandersson, Executive
Vice President (since 2011) and Head of Segment and Business Unit
Global Services (since 2010). As of July 1, 2016, Mandersson will
hold the position as Head of Segment Global Services, Executive
Vice President and Advisor to the CEO.
Jan Wäreby, Senior Vice
President and Head of Group Function Sales (since 2014). Wäreby
will retire from Ericsson as of November 30, 2016.
Anders Thulin, Senior Vice
President, Chief Information Officer and Head of Group Function
Business Excellence and Common Functions (since 2013). Thulin will
leave the company as of July 1, 2016, to pursue opportunities
outside the company.
Angel Ruiz, Head of Region
North America (since 2010). Ruiz will continue with the company as
Chairperson of regions North and Latin America.
Mats H. Olsson, Senior Vice
President and Head of Ericsson Asia-Pacific (since 2013). Olsson
will leave Ericsson as of July 1, 2016.
NOTES TO EDITORS
Profiles on current members of the Executive
Leadership Team can be found here:
www.ericsson.com/thecompany/corporate_governance/company_management
For media kits, backgrounders and high-resolution
photos, please visit www.ericsson.com/press
Ericsson is the driving force
behind the Networked Society - a world leader in communications
technology and services. Our long-term relationships with every
major telecom operator in the world allow people, business and
society to fulfill their potential and create a more sustainable
future.
Our services, software and
infrastructure - especially in mobility, broadband and the
cloud - are enabling the telecom industry and
other sectors to do better business, increase efficiency, improve
the user experience and capture new opportunities.
With approximately 115,000
professionals and customers in 180 countries, we combine global scale with technology and services
leadership. We support networks that connect more than 2.5 billion
subscribers. Forty percent of the world's mobile traffic is carried
over Ericsson networks. And our investments in research and
development ensure that our solutions - and our customers - stay in
front.
Founded in 1876, Ericsson has its
headquarters in Stockholm, Sweden. Net sales in 2015 were SEK 246.9 billion (USD 29.4 billion). Ericsson is
listed on NASDAQ OMX stock exchange in Stockholm and the NASDAQ in
New York.
www.ericsson.com
www.ericsson.com/news
www.twitter.com/ericssonpress
www.facebook.com/ericsson
www.youtube.com/ericsson
FOR FURTHER INFORMATION, PLEASE CONTACT
Ericsson Corporate Communications
Phone: +46 10 719 69 92
E-mail: media.relations@ericsson.com
Ericsson Investor Relations
Phone: +46 10 719 00 00
E-mail: investor.relations@ericsson.com
Ericsson discloses the information provided herein
pursuant to the Securities Markets Act and/or the Financial
Instruments Trading Act. The information was submitted for
publication on April 21, 2016, at 07:30 CET.
Ericsson announces changes to
executive leadership team
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Ericsson via Globenewswire
HUG#2005403
Ericsson (NASDAQ:ERIC)
Historical Stock Chart
From Mar 2024 to Apr 2024
Ericsson (NASDAQ:ERIC)
Historical Stock Chart
From Apr 2023 to Apr 2024