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REG - Telefon AB Ericsson - Ericsson announces change to the Executive Team

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RNS Number : 6130H  Telefonaktiebolaget Lm Ericsson  07 April 2022

Ericsson announces change to the Executive Team

·    Peter Laurin, Senior Vice President and Head of Business Area Managed
Services, will leave his position and the Ericsson Executive Team, effective
August 15, 2022

Ericsson (NASDAQ: ERIC) today announces that Peter Laurin has decided to leave
Ericsson to pursue opportunities outside the company. Peter Laurin has been
with the company since 2001 and will leave his position as Senior Vice
President and Head of Business Area Managed Services on August 15, 2022. He
has served on Ericsson's Executive Team since 2017.

Börje Ekholm, President and CEO, says: "Peter has been instrumental in
turning around and transforming our Managed Services business and successfully
led Ericsson's digitalization and IT journey. He is a valued member of the
Ericsson leadership team and I wish Peter all the very best in this new role
as CEO of Piab."

Peter's successor as Head of Business Area Managed Services will be announced
later.

Piab (www.piab.com) is a leading company in automation of production processes
around the globe.

 

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MORE INFORMATION AT:
Ericsson Newsroom (https://www.ericsson.com/en/newsroom)

media.relations@ericsson.com (mailto:media.relations@ericsson.com)

(+46 10 719 69 92)

investor.relations@ericsson.com (mailto:investor.relations@ericsson.com)

(+46 10 719 00 00)

About Ericsson
Ericsson enables communications service providers to capture the full value of
connectivity. The company's portfolio spans Networks, Digital Services,
Managed Services, and Emerging Business and is designed to help our customers
go digital, increase efficiency and find new revenue streams. Ericsson's
investments in innovation have delivered the benefits of telephony and mobile
broadband to billions of people around the world. The Ericsson stock is listed
on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com
(http://www.ericsson.com)

 

 

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