Ericsson's Nomination Committee appointed

Rhea-AI Summary

On April 20, 2023, Ericsson announced the appointment of its Nomination Committee for the Annual General Meeting 2024. The committee includes key figures: Johan Forssell from Investor AB, Karl Åberg from AB Industrivärden, Anders Oscarsson from AMF Tjänstepension & AMF Fonder, Christer Gardell from Cevian Capital Partners Limited, and Jan Carlson, the Chair of the Board. Forssell will lead the committee. Shareholders are invited to submit proposals to the Nomination Committee in time for consideration at the upcoming Annual General Meeting. All correspondence should be directed to Ericsson's Board of Directors Secretariat in Stockholm.

Positive

• Appointment of a diverse Nomination Committee to enhance corporate governance.

Negative

• None.

News Market Reaction

-1.85%

1 alert

-1.85% News Effect

On the day this news was published, ERIC declined 1.85%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

STOCKHOLM, April 20, 2023 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) Nomination Committee for the Annual General Meeting 2024 has been appointed in accordance with the Instruction for the Nomination Committee resolved by the Annual General Meeting 2012.

The Nomination Committee consists of:           

• Johan Forssell, Investor AB;
• Karl Åberg, AB Industrivärden;
• Anders Oscarsson, AMF Tjänstepension & AMF Fonder;
• Christer Gardell, Cevian Capital Partners Limited; and
• Jan Carlson, the Chair of the Board of Directors.

Johan Forssell is the Chair of the Nomination Committee.

Shareholders who wish to submit proposals to the Nomination Committee are welcome to contact the Nomination Committee. Proposals must be received in due time before the Annual General Meeting to ensure that the proposals can be considered by the Nomination Committee.

CONTACT THE NOMINATION COMMITTEE:

Telefonaktiebolaget LM Ericsson
The Nomination Committee
c/o The Board of Directors Secretariat
SE-164 83 Stockholm
Sweden
E-mail: nomination.committee@ericsson.com

NOTES TO EDITORS:

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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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https://mb.cision.com/Main/15448/3754731/1997669.pdf

Ericsson's nomination committee appointed

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SOURCE Ericsson

FAQ

Who is on Ericsson's Nomination Committee for 2024?

The committee includes Johan Forssell, Karl Åberg, Anders Oscarsson, Christer Gardell, and Jan Carlson.

What is the significance of the Nomination Committee's appointment for ERIC stock?

The appointment reflects ongoing corporate governance and could influence shareholder confidence.

How can shareholders submit proposals to Ericsson's Nomination Committee?

Shareholders can contact the Nomination Committee through the Board of Directors Secretariat before the Annual General Meeting.

When is Ericsson's Annual General Meeting scheduled?

The specific date for the Annual General Meeting 2024 has not been provided in the press release.

What is the ticker symbol for Ericsson?

Ericsson is listed under the ticker symbol ERIC on NASDAQ.