Telefonaktiebolaget LM Ericsson (publ) (ERIC)

4.7600 -0.1000 (-2.06%) At close: 04:00PM EDT

Telefonaktiebolaget LM Ericsson (publ)

Torshamnsgatan 21
Kista
Stockholm 164 83
Sweden
46 1 07 19 00 00
https://www.ericsson.com

Sector(s): Technology
Industry: Communication Equipment
Full Time Employees: 103,890

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. E. Borje Ekholm MBA, MSc	Pres, CEO & Director	N/A	N/A	1963
Mr. Fredrik Jejdling	Exec. VP, Head of Bus. Area Network & Head of Segment Networks	N/A	N/A	1969
Mr. Carl Mellander	Sr. VP, CFO and Head of Group Function Fin. & Common Functions	N/A	N/A	1964
Ms. Eva-Britt Allenius	Chief Accounting Officer	N/A	N/A	N/A
Mr. Erik Ekudden	Sr. VP, CTO & Head of Group Function Technology	N/A	N/A	1968
Mr. Peter Nyquist	VP & Head of Investor Relations	N/A	N/A	1965
Mr. Scott Dresser	Sr. VP, Chief Legal Officer, Head of Group Function Legal Affairs & Compliance and Sec.	N/A	N/A	1967
Peter Olofsson	Head of Corp. Communications	N/A	N/A	N/A
Ms. Stella Medlicott	SVP, Chief Marketing & Communications Officer and Head of Group Function Mktg. & Corp. Relations	N/A	N/A	1969
Ms. MajBritt Arfert	Sr. VP, Chief People Officer & Head of Group Function People	N/A	N/A	1963

Amounts are as of 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.

Description

Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides communication infrastructure, services, and software solutions to the telecom and other sectors. It operates through four segments: Networks, Cloud Software and Services, Enterprise, and Other. The Networks segment offers radio access network solutions for various network spectrum bands, including integrated high-performing hardware and software. This segment also provides active antenna and transport solutions; and a range of service portfolio covering network deployment and support. The Cloud Software and Services segment offers core networks, business and operational support systems, network design and optimization, and network managed services. The Enterprise segment offers 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 comprise 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 operates in North America, Europe and Latin America, the Middle East and Africa, South East Asia, Oceania, India, North East Asia, and internationally. 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 September 28, 2023 is 2. The pillar scores are Audit: 10; Board: 1; Shareholder Rights: 9; 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.