Ericsson announces changes to the Executive Team

Ericsson has appointed Jenny Lindqvist as Senior Vice President and Head of Market Area Europe & Latin America, effective February 1, 2023.

Rhea-AI Summary

Ericsson has appointed Jenny Lindqvist as Senior Vice President and Head of Market Area Europe & Latin America, effective February 1, 2023. She will be part of the Executive Team, reporting directly to the CEO, Börje Ekholm. Lindqvist aims to leverage her extensive experience in driving growth and innovation, particularly in the 5G sector. She succeeds Stefan Koetz, who has been in the role since June 1, 2022, and will now lead Strategic Projects for the same market area. Lindqvist previously held various leadership roles within Ericsson, contributing significantly to the business's success.

Positive

• Appointment of experienced leader Jenny Lindqvist is expected to enhance Ericsson's growth in 5G.
• Lindqvist's extensive background in commercial and operations can leverage current market opportunities.

Negative

• None.

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• Jenny Lindqvist is appointed Senior Vice President, and Head of Market Area Europe & Latin America, effective as of February 1, 2023
• Becomes member of Ericsson's Executive Team reporting to CEO

STOCKHOLM, Jan. 25, 2023 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has appointed Jenny Lindqvist Senior Vice President, Head of Market Area Europe & Latin America, as of February 1, 2023. Effective the same date she will become member of the Ericsson Executive Team, reporting to the CEO. Jenny Lindqvist currently holds the position of Vice President and Head of Northern and Central Europe within Ericsson's Market Area Europe & Latin America.

Börje Ekholm, President and CEO, says: "I am very pleased to welcome Jenny as a member of the Executive Team. Jenny takes on this role at a pivotal time for Ericsson and the industry as we drive towards realizing the full potential of 5G technology by solidifying our leadership position in mobile networks. Under Jenny's leadership and leveraging her commercial and operations experience, I see an opportunity for Ericsson to further grow and shape the future of our business in Europe and Latin America with our leading customers."

Jenny Lindqvist says: "I am delighted to take on this exciting new role for Europe and Latin America. I look forward to working closely together with our customers and teams in this diverse Market Area to bring value, innovation, and vision to our fast-changing business environment and leverage our technology leadership in 5G."

Jenny Lindqvist has a Master of Science in Business & Economics from Stockholm School of Economics. Previous management positions within Ericsson Business Area and Market Area organizations include Head of Global Customer Unit Telia Company, Head of Solution Line Intelligent Transport Systems, Key Account Manager Telenor, Managed Services Engagement Lead and Business Manager Multimedia. Previous positions outside Ericsson include roles in management consulting in France and Sweden, as well as in Pharmaceuticals in the Philippines.

As a member of Ericsson's Executive Leadership Team, Jenny Lindqvist succeeds Stefan Koetz who has been acting in this role as of June 1, 2022. Stefan will take on a new role as Head of Strategic Projects for Market Area Europe & Latin America.

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ABOUT ERICSSON:

Ericsson enables communications service providers and enterprises to capture the full value of connectivity. The company's portfolio spans the following business areas: Networks, Cloud Software and Services, Enterprise Wireless Solutions, Global Communications Platform, and Technologies and New Businesses. It is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson's innovation investments have delivered the benefits of mobility and mobile broadband to billions of people globally. Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com

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Ericsson announces changes to the Executive Team

 

 

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SOURCE Ericsson

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who is the new Senior Vice President for Ericsson's Market Area Europe & Latin America?

Jenny Lindqvist has been appointed as the Senior Vice President and Head of Market Area Europe & Latin America, effective February 1, 2023.

What is Jenny Lindqvist's previous position at Ericsson?

Before her new role, Jenny Lindqvist was the Vice President and Head of Northern and Central Europe within Ericsson's Market Area Europe & Latin America.

When does Jenny Lindqvist officially start her role at Ericsson?

Jenny Lindqvist officially starts her role as Senior Vice President on February 1, 2023.

Who did Jenny Lindqvist succeed at Ericsson?

Jenny Lindqvist succeeds Stefan Koetz, who was acting in this role since June 1, 2022.

What are the implications of this leadership change for Ericsson?

The appointment of Jenny Lindqvist is seen as a strategic move to enhance Ericsson's leadership position in the 5G market in Europe and Latin America.