Börje Ekholm takes office as President and CEO
(Thomson Reuters ONE) -
* As previously announced on October 26 2016, Börje Ekholm assumes today the
position as President and CEO of Ericsson
* Jan Frykhammar remains a member of the Executive Leadership Team and is,
effective today, appointed Executive Vice President and Advisor to the CEO
* Magnus Mandersson remains Executive Vice President, Advisor to the CEO and a
member of the Executive Leadership Team
* Carl Mellander remains acting Chief Financial Officer and a member of the
Executive Leadership Team
Ericsson (NASDAQ:ERIC) today announced that in connection with Börje Ekholm
today assuming the position as President and CEO of Ericsson, Jan Frykhammar,
who has temporarily held the position as President and CEO, remains a member of
the Executive Leadership Team and is appointed Executive Vice President and
Advisor to the CEO. Jan Frykhammar will support Börje Ekholm during a transition
period and will focus on corporate governance and efficiency.
Magnus Mandersson remains Executive Vice President, Advisor to the CEO, focusing
on customer relationships, and a member of the Executive Leadership Team.
Mandersson also remains Chairperson of four out of Ericsson's ten regions.
Carl Mellander remains acting Chief Financial Officer and a member of the
Executive Leadership Team.
Börje Ekholm, President and CEO, Ericsson, says: "I am very excited to assume
the role as President and CEO of Ericsson, a company that I have admired for as
long as I can remember. Ericsson has shaped an entire industry and led
technology developments that have benefitted so many. Yet, we are only at the
beginning of the mobility journey as we in coming years will see massive
transformation across industries as 5G is introduced."
Leif Johansson, Chairman of the Board, Ericsson, says: "I am confident that
Börje Ekholm will be able to guide Ericsson on the next steps of the company's
development. Having served on the Ericsson Board of Directors for many years,
Börje has a deep understanding of the business and the challenges Ericsson
currently faces. I also want to express my gratitude to Jan Frykhammar who has
served as interim CEO since July last year and who has led the company in a very
dedicated and professional way."
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.
www.ericsson.com
www.ericsson.com/news
www.twitter.com/ericssonpress
www.facebook.com/ericsson
www.youtube.com/ericsson
FOR FURTHER INFORMATION, PLEASE CONTACT
Ola Rembe, Head of External Communications, Ericsson
Phone: +46 10 719 69 92
E-mail: ola.rembe(at)ericsson.com
Ericsson Corporate Communications
Phone: +46 10 719 69 92
E-mail: media.relations(at)ericsson.com
Ericsson Investor Relations
Phone: +46 10 719 00 00
E-mail: investor.relations(at)ericsson.com
Börje Ekholm takes office as President and CEO:
http://hugin.info/1061/R/2071229/778328.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq 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
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 16.01.2017 - 08:30 Uhr
Sprache: Deutsch
News-ID 517689
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