Ericsson announces change in executive management

  • Rima Qureshi, Senior Vice President and head of market area north America, leaving its mandate and Ericsson’s executive leadership team on may 11, 2017

  • Niklas Heuveldop, Senior Vice President, Chief Strategy Officer, and head of function Technology & Emerging Business, be appointed as acting head of market area north America

  • A recruitment process has commenced to appoint a successor

Ericsson (NASDAQ:ERIC) today announces that Rima Qureshi has decided to leave Ericsson to take another position within the industry. She leaves her role as Senior Vice President and head of market area north America on may 11, 2017.

Börje Ekholm, president and CEO, said: “We will continue to work to deliver the latest technology and competitive solutions to our customers in north America. It is an exciting market with some of the world’s most advanced operators with high demands. We are determined to remain their partner on the road to 5G.”

Niklas Heuveldop, has been appointed acting head of market area north America, from may 11, 2017. Niklas Heuveldop is currently Senior Vice President, Chief Strategy Officer and head of function Technology & Emerging Business.

She continues: “I am very pleased with that Niklas can immediately take the role of acting head of market area north America. He has good customer relations and long experience from several managerial positions within the region. Rima has been very much appreciated in the group management for many years. We wish her the best of luck in her new position.”

Ericsson is the world leader in communications technology and related services with headquarters in Stockholm, Sweden. We have more than 111.000 employees, and since 1876 has provided customers in 180 countries with solutions and services. Together we are building a more connected future in which all individuals and all sectors have the opportunity to reach their full potential. Net sales in 2016 amounted to 222.6 billion (24.5 billion USD). Ericsson’s shares are listed on the

Nasdaq Stockholm

and NASDAQ new york. Read more on

www.ericsson.com

                                                

Ericsson announces change in executive management

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