Börje Ekholm, Ericsson

Capacity - - Appointments -

Ericsson has named Börje Ekholm as its new pres­i­dent and CEO. He will join the Swedish firm in Jan­uary.

Ekholm is join­ing the firm from his po­si­tion as CEO of Pa­tri­cia In­dus­tries, part of Swedish firm In­vestor which owns a stake in Ericsson, where he has served since 2005.

He has sat on the Ericsson board of di­rec­tors for more than a decade, and has pre­vi­ously held po­si­tions with No­vare Kap­i­tal and Mckin­sey & Co.

He will take the reins from CFO Jan Frykham­mar, who has held the role of in­terim CEO at Ericsson since July when Hans Vest­berg was sacked fol­low­ing an 11% fall in sales.

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