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Telefonaktiebolaget LM Ericsson (publ) (ERIC)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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6.57-0.07 (-1.05%)
At close: 04:00PM EDT
6.56 -0.01 (-0.15%)
After hours: 07:37PM EDT

Telefonaktiebolaget LM Ericsson (publ)

Torshamnsgatan 21
Stockholm 164 83
46 10 719 00 00

IndustryCommunication Equipment
Full Time Employees97,985

Key Executives

NameTitlePayExercisedYear Born
Mr. E. Borje Ekholm MBA, MScPresident, CEO, Head of Segment Enterprise & Director30.5MN/A1963
Mr. Fredrik JejdlingExecutive VP, Head of Business Area Network & Head of Segment Networks12.91MN/A1969
Mr. Lars Sandstrom M.Sc.Senior VP & CFON/AN/A1972
Mr. Chris HoughtonSenior VP, COO and Head of Business Area Technology & New BusinessesN/AN/A1966
Ms. Eva-Britt AlleniusChief Accounting OfficerN/AN/AN/A
Mr. Erik EkuddenSenior VP, CTO & Head of Group Function TechnologyN/AN/A1968
Daniel MorrisHead of Investor RelationsN/AN/AN/A
Mr. Scott DresserFormer Senior VP, Chief Legal Officer, Head of Group Function Legal Affairs and SecretaryN/AN/A1967
Ms. Rebecca RohrChief Compliance OfficerN/AN/AN/A
Peter OlofssonHead of Corporate CommunicationsN/AN/AN/A
Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.


Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions for telcom operators and enterprise customers in various sectors in North America, Europe, Latin America, the Middle East, Africa, North East Asia, South East Asia, Oceania, and India. It operates in four segments: Networks; Cloud Software and Services; Enterprise; and Other. The Networks segment offers radio access network (RAN) solutions for various network spectrum bands, including purpose-built and open RAN-prepared hardware and software. This segment also provides cloud RAN; transport solutions; passive and active antennas; and a range of service portfolios covering network deployment and support. The Cloud Software and Services segment offers core networks, business and operational support systems, network design and optimization, and managed network services. The Enterprise segment offers a global communications platform, including cloud-based unified communications as a service, contact center as a service, and communications platform as a service; enterprise wireless solutions comprising private wireless networks and wireless wan pre-packaged solutions; and technologies and new business solutions, such as mobile financial services, security solutions, and advertising services. The Other segment includes Redbee media that prepares and distributes live and video services for broadcasters, sports leagues, and communications service providers. It offers its services through wholesalers and distributors. The company was formerly known as Allmanna Telefon AB LM Ericsson and changed its name to Telefonaktiebolaget LM Ericsson (publ) in January 1926. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.

Corporate Governance

Telefonaktiebolaget LM Ericsson (publ)’s ISS Governance QualityScore as of July 1, 2024 is 4. The pillar scores are Audit: 10; Board: 4; Shareholder Rights: 8; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.