Ericsson simplifies organization and names Executive Team
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Simplified organizational structure and appointments to Executive Team will help drive execution of company strategy
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New Business Areas, Market Areas and Executive Team effective April 1, 2017
In line with the business strategy announced today, Ericsson (NASDAQ: ERIC) is simplifying its organizational structure by removing the two-tiered leadership structure, Executive Leadership Team and Global Leadership Team, and forming a single Executive Team. In addition, the geographical setup with ten regions will become five market areas, and the business areas are re-defined and reduced to three. The new Executive Team roles and the new organization will take effect April 1, 2017.
Ericsson President and CEO Börje Ekholm says: "To execute quickly and successfully on the next phase of our strategy, a new leadership team will immediately start working together. We will use the near future to solidify ways of working for the new structure, which will be more efficient and responsive to market and customer needs."
The following Business Area and Market Area structure will apply to the Ericsson Group as of April 1, 2017:
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Business Area Networks; Business Area Digital Services; Business Area Managed Services
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Market Area North America; Market Area Europe & Latin America; Market Area Middle East & Africa; Market Area North East Asia; Market Area South East Asia, Oceania & India
Effective April 1, 2017, Ericsson's Executive Team members will be:
President and CEO - Börje Ekholm
Business Area Networks - Fredrik Jejdling, Senior Vice President, currently head of Business Unit Network Services
Business Area Managed Services - Peter Laurin, Senior Vice President, currently head of Region Northern Europe and Central Asia
Lesen Sie auch
Business Area Digital Services - Ulf Ewaldsson, Senior Vice President, currently head of Group Function Strategy & Technology
Market Area North America - Rima Qureshi, Senior Vice President, currently head of Region North America
Market Area Europe & Latin America - Arun Bansal, Senior Vice President, currently head of Business Unit Network Products
Market Area Middle East & Africa - Rafiah Ibrahim, Senior Vice President, currently head of Region Middle East
Market Area North East Asia - Chris Houghton, Senior Vice President, currently head of Region North East Asia
South East Asia, Oceania & India - Nunzio Mirtillo, Senior Vice President, currently head of Region Mediterranean
Technology & Emerging Business - Niklas Heuveldop, Senior Vice President, currently head of Group Function Sales