Ericsson announces change in Executive leadership team
September 30 2016 - 4:08AM
-
Position as Chief HR Officer will move to group
headquarters in Sweden to be close to CEO and the majority of the
Executive Leadership Team
-
Bina Chaurasia, Senior Vice President and Chief
Human Resources Officer, based in California, therefore will resign
from her position and the Ericsson Executive Leadership Team,
effective November 15, 2016
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Chaurasia has built a world class global HR
function for Ericsson - and developed and implemented a People
Strategy for the company with strong focus on attracting,
developing, and retaining the best talent
-
The process to find a new Chief HR Officer has
been initiated
Ericsson (NASDAQ:ERIC) today announced it will
move the position as Chief HR Officer to Sweden and that Bina
Chaurasia, based in California therefore will resign from her role
as Senior Vice President and Chief HR Officer, effective November
15, 2016.
The role of Chief Human Resources Officer has been
based in California since 2014. However, with the heavy
transformation work needed currently in Ericsson, the position will
move to Stockholm to be close to the CEO and the majority of the
Executive Leadership Team.
Jan Frykhammar, CEO and President of Ericsson,
said: "Bina has been instrumental in reshaping Ericsson's Human
Resource function and developing Ericsson's People Strategy during
a period of massive business transformation. With deep
understanding of the company's overall goals and culture, Bina has
been a highly appreciated member of our leadership team."
Joining Ericsson from Hewlett Packard in 2010,
Chaurasia has built a world class global HR function for Ericsson.
Under her leadership, the HR team has developed and implemented a
People Strategy with strong focus on attracting, developing, and
retaining the best talent, and special focus on developing
competence, especially in new growth areas.
Bina Chaurasia said: "Both Ericsson and the
industry are going through a period of massive transformation. I am
proud to have been part of the journey for the past six years and,
along with my team, to have taken what was a very fragmented
function and created a strong global HR function, supporting the
delivery of the business strategy and the development of
employees."
Effective November 15, 2016, Maj-Britt Arfert has
been appointed acting Chief HR Officer while the search for a
successor is underway.
NOTES TO EDITORS
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.
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FOR FURTHER INFORMATION, PLEASE CONTACT
Peter Olofsson, Head of Corporate Communications
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 announces change in
Executive Leadership Team
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information contained therein.
Source: Ericsson via Globenewswire
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