Ericsson, which is struggling to improve growth in revenue and net income, announced a new leadership team to revive the company.
Ericsson CEO Hans Vestberg, who has been heading the telecom network company since 2010, will continue in his position.
The telecom network maker also announced resignation of some of the top management team as part of the major restructuring.
New structure
The new structure of Ericsson will have five business units and one dedicated customer group for Industry & Society.
Arun Bansal will be the head of Business Unit Network Products. Fredrik Jejdling will head Business Unit Network Services. Business Unit Network Products and Business Unit Network Services will be part of Ericsson’s core focus areas.
Business Unit IT & Cloud Products and Business Unit IT & Cloud Services will be Ericcson’s targeted growth areas.
New leadership team at Ericsson
Jan Frykhammar, chief financial officer and head of Group Function Finance & Common Functions. Frykhammar currently holds the position as chief financial officer and head of Group Function Finance (since 2009)
Arun Bansal, head of Business Unit Network Products. Bansal currently holds the position as head of Business Unit Radio (since 2014) – new member of the ELT.
Per Borgklint, chief innovation officer and head of Business Unit Media. Borgklint currently holds the position as senior vice president and head of Business Unit Support Solutions (since 2011)
Bina Chaurasia, chief human resources Officer and head of Group Function Human Resources (since 2010)
Ulf Ewaldsson, chief technology officer and head of Group Function Technology (since 2012)
Niklas Heuveldop, chief customer officer and head of Group Function Sales. Heuveldop currently holds the position as Head of Global Customer Unit AT&T – new member of the ELT
Chris Houghton, head of Region North East Asia (since 2015) – new member of the ELT
Fredrik Jejdling, head of Business Unit Network Services. Jejdling currently holds the position as Head of Region sub-Saharan Africa (since 2013) – new member of the ELT
Anders Lindblad, head of Business Unit IT & Cloud Products. Lindblad currently holds the position as Head of Business Unit Cloud & IP (since 2014) – new member of the ELT
Nina Macpherson, chief legal officer and head of Group Function Legal Affairs (since 2011)
Helena Norrman, chief marketing and communications officer and head of Group Function Marketing and Communications (since 2014)
Jean-Philippe Poirault, head of Business Unit IT & Cloud Services. Poirault currently holds the position as Head of Consulting and Systems Integration – new member of the ELT
Rima Qureshi, head of Region North America and chief strategy officer. Qureshi currently holds the position as Senior Vice President, Head of Group Function Strategy and Head of M&A (since 2014)
Charlotta Sund, head of Customer Group Industry & Society. Sund currently holds the position as Head of Region Northern Europe and Central Asia (since 2014) – new member of the ELT
Elaine Weidman-Grunewald, head of Group Function Sustainability and Corporate Responsibility – new member of the ELT
New appointments
Peter Laurin, head of Region Northern Europe and Central Asia. Laurin currently holds the position as head of Global Customer Unit Vodafone.
Jean-Claude Geha, head of Region sub-Saharan Africa. Geha currently holds the position as Head of Business Line Managed Services.
Gustav Brismark, chief intellectual property officer and head of IPR & Licensing. Brismark currently holds the position as vice president, Patent Strategy and Portfolio.
Who’s leaving or shifting positions
Magnus Mandersson, head of Segment and Business Unit Global Services (since 2010). As of July 1, 2016, Mandersson will hold the position as head of Segment Global Services.
Jan Wareby, head of Group Function Sales (since 2014), will leave Ericsson.
Anders Thulin, chief information officer and head of Group Function Business Excellence and Common Functions (since 2013), will leave Ericsson.
Angel Ruiz, head of Region North America (since 2010). Ruiz will continue with the company as Chairperson of regions North and Latin America.
Mats H. Olsson, head of Ericsson Asia-Pacific (since 2013), will leave Ericsson.
Baburajan K
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