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Verizon appoints Hans E. Vestberg as CEO

Hans E VestbergVerizon Communications announced that it has named Hans E. Vestberg as CEO, effective August 1, 2018.
Since April 2017, Mr. Vestberg has served as Executive Vice President and President of Global Networks and Chief Technology Officer, with responsibility for further developing the architecture for Verizon’s fiber-centric networks.

Before joining Verizon, Mr. Vestberg served for six years as President and CEO of Ericsson, a multinational networking and telecommunications equipment and services company headquartered in Sweden that provides 35 percent of the world’s 2G, 3G and 4G mobile network infrastructures.

From 2007 to 2009, he served as Chief Financial Officer at Ericsson, and he previously served in a number of leadership positions at Ericsson.

Mr. Vestberg was a founding member of the International Telecommunications Union (ITU) Broadband Commission for Digital Development, where he led climate-change and digital-health initiatives.

He is past Chairman of the Swedish Olympic Committee and a current member of the Leadership Council of the United Nations’ Sustainable Development Solutions Network.

Mr. Vestberg is also Vice Chairman of Hexagon.

 

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