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People: Telefonaktiebolaget LM Ericsson (ERICb.ST)

ERICb.ST on Stockholm Stock Exchange

13 Dec 2018
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Ekholm, Borje 

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 Member of Alibaba, 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. He also has honorary Doctorate at KTH Royal Institute of Technology, Sweden.

Basic Compensation

Total Annual Compensation, SEK 30,389,600
Restricted Stock Awards, SEK --
Long-Term Incentive Plans, SEK 6,119,320
All Other, SEK --
Fiscal Year Total, SEK 36,508,900

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --