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Ericsson names Börje Ekholm new president and CEO

Börje EkholmEricsson announced that it has appointed Börje Ekholm president and CEO, effective January 16, 2017.

Mr. Ekholm will also remain a member of the Board of Directors of Ericsson. Mr. Ekholm joins Ericsson from his current position as CEO of Patricia Industries, a division within Investor.

READ MORE Ericsson chief Hans Vestberg steps down

Prior to assuming this position in 2015, Mr. Ekholm held the position as President and CEO of Investor AB between 2005 and 2015.

Previous positions also include President of Investor Growth Capital Inc., as well as positions with Novare Kapital AB and McKinsey & Co Inc.

Mr. Ekholm is a member of the Board of Directors for Telefonaktiebolaget LM Ericsson, Alibaba Inc., NASDAQ OMX Group Inc. and Trimble Navigation Ltd.

He is also a member of the University Board of KTH Royal Institute of Technology.

He holds a Master of Science in Electrical Engineering from KTH Royal Institute of Technology, Stockholm, Sweden, as well as a Master of Business Administration from INSEAD, France.

Jan Frykhammar will remain interim CEO until January 16, 2017.




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