People: Telefonaktiebolaget LM Ericsson (ERICa.ST)
26 May 2017
Mr. Borje E. Ekholm has been appointed President and Chief Executive Officer of Ericsson effective as of January 16, 2017. He has also been Director of the Company since 2006. He was Member of the Remuneration Committee of the Company. He also serves as Board Chairman of KTH Royal Institute of Technology, Stockholm, and NASDAQ OMX Group Inc, and Board Member of Alibaba, Inc., and Trimble Inc. His principal work experience includes positions such as President and Chief Executive Officer (CEO) of Investor AB from 2005 till 2015. He was also CEO of Patricia Industries, a division within Investor AB from 2015 till January 15, 2017. Formerly, he was Head of Investor Growth Capital Inc. and New Investments. Previously he worked for Novare Kapital AB and McKinsey & Co Inc. He is Member of the Board of Trustees of Choate Rosemary Hall. He holds a Master of Science in Electrical Engineering from Royal Institute of Technology, Stockholm (Kungliga Tekniska Hogskolan - KTH), and a Master of Business Administration from INSEAD, France.
|Total Annual Compensation, SEK||873,750|
|Restricted Stock Awards, SEK||--|
|Long-Term Incentive Plans, SEK||--|
|All Other, SEK||--|
|Fiscal Year Total, SEK||873,750|