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New team at Ericsson to steer 5G plans

Börje Ekholm takes office as President and CEO as previously announced on October 26 2016. Jan Frykhammar remains a member of the Executive Leadership Team and is appointed Executive Vice President and Advisor to the CEO.

Magnus Mandersson remains Executive Vice President, Advisor to the CEO and a member of the Executive Leadership Team; Carl Mellander remains acting Chief Financial Officer and a member of the Executive Leadership Team.

Börje Ekholm, President and CEO, Ericsson, says: "I am very excited to assume the role as President and CEO of Ericsson, a company that I have admired for as long as I can remember. Ericsson has shaped an entire industry and led technology developments that have benefitted so many. Yet, we are only at the beginning of the mobility journey as we in coming years will see massive transformation across industries as 5G is introduced."