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NEWS<br />
Ericsson’s Board names Börje Ekholm<br />
new President and CEO<br />
Ericsson’s Board of Directors has<br />
appointed Börje Ekholm President<br />
and CEO, effective January 16, 2017.<br />
Börje Ekholm will also remain a member<br />
of <strong>the</strong> Board of Directors of Ericsson.<br />
Chairman of <strong>the</strong> Board Leif Johansson<br />
says: “I am very pleased to announce<br />
<strong>the</strong> appointment of Börje Ekholm. He<br />
has a solid understanding of both <strong>the</strong><br />
technology and business implications of<br />
<strong>the</strong> ongoing convergence of telecoms, IT<br />
and media. Having served on Ericsson’s<br />
Board of Directors for <strong>the</strong> past ten years,<br />
Börje Ekholm has full understanding of <strong>the</strong><br />
challenges and <strong>the</strong> opportunities Ericsson<br />
currently faces.”<br />
Börje Ekholm joins Ericsson from h<strong>is</strong> current<br />
position as CEO of Patricia Industries, a<br />
div<strong>is</strong>ion within Investor. Prior to assuming<br />
th<strong>is</strong> position in 2015, Börje Ekholm held <strong>the</strong><br />
position as President and CEO of Investor<br />
AB between 2005 and 2015. Previous<br />
positions also include President of Investor<br />
Growth Capital Inc., as well as positions with<br />
Novare Kapital AB and McKinsey & Co Inc.<br />
Johansson continues: “In <strong>the</strong> middle of<br />
a significant company transformation I<br />
am confident that Ericsson will benefit<br />
from Börje Ekholm’s world-class ability to<br />
forcefully execute on strategic direction<br />
and plans. Börje Ekholm brings years of<br />
experience from leading a publicly l<strong>is</strong>ted<br />
company with a strong track record of<br />
driving shareholder value.”<br />
Börje Ekholm says: ”I am very excited about<br />
th<strong>is</strong> opportunity. As <strong>the</strong> networks and<br />
applications become even more important<br />
in a 5G connected world, our customers,<br />
and <strong>the</strong> industry, look for continuous<br />
innovation. I look forward to joining <strong>the</strong><br />
great team at Ericsson and work closely<br />
with ex<strong>is</strong>ting and new customers around <strong>the</strong><br />
world in shaping <strong>the</strong> future of our industry.”<br />
Jan Frykhammar will remain interim CEO<br />
until January 16, 2017.<br />
Ericsson’s Rafiah Ibrahim recognized<br />
as “Woman Game Changer” of <strong>the</strong> year<br />
Women in Leadership (WIL) Achievement<br />
Awards have selected Rafiah Ibrahim,<br />
Ericsson’s Head of Region Middle East and<br />
East Africa, as <strong>the</strong> ‘Woman Game Changer’<br />
of <strong>the</strong> year.<br />
<strong>The</strong> award recognizes Ibrahim’s leadership<br />
and achievements in <strong>the</strong> Information<br />
and Communication Technology (ICT)<br />
sector. Throughout her career journey,<br />
Ibrahim believed in <strong>the</strong> positive power<br />
that technology has on people, business<br />
and society. As a change maker and a<br />
leader, she believes that in times of digital<br />
transformation, where both companies<br />
and industries are transforming, leaders<br />
have to engage <strong>the</strong>ir teams and drive <strong>the</strong>ir<br />
customers’ transformation agenda.<br />
Ibrahim has always been an advocate<br />
for women in leadership, believing that<br />
women are resourceful enough to tackle<br />
any challenges. <strong>The</strong> award ceremony<br />
highlighted Ibrahim’s leadership, talent and<br />
forward-thinking attitude to technology and<br />
business presenting her as a true role model<br />
for aspiring young leaders everywhere.<br />
<strong>The</strong> 18th Global WIL Economic Forum<br />
ga<strong>the</strong>red around 500 global male and<br />
female business leaders, policy makers, as<br />
well as young female professionals<br />
and entrepreneurs, to d<strong>is</strong>sect <strong>the</strong><br />
challenge of diversity, share experiences<br />
and produce actionable strategies to<br />
strive for women’s economic<br />
empowerment.<br />
During <strong>the</strong> event, an awards ceremony<br />
took place under <strong>the</strong> title of Women in<br />
Leadership awards and Ibrahim received<br />
<strong>the</strong> ’Woman Game Changer’ award which<br />
recogn<strong>is</strong>es a leading business leader for<br />
her advocacy in supporting and developing<br />
women talent and women in business.<br />
<strong>The</strong> awards was presented by Mohammed<br />
Al Shihhi, <strong>the</strong> Undersecretary for Economic<br />
Affairs, Min<strong>is</strong>try of Economy for <strong>the</strong> UAE.<br />
November 2016<br />
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