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Telefonaktiebolaget LM Ericsson (publ) (ERIC)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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5.43-0.09 (-1.54%)
As of 03:30PM EST. Market open.

Telefonaktiebolaget LM Ericsson (publ)

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

Sector(s)Technology
IndustryCommunication Equipment
Full Time Employees99,952

Key Executives

NameTitlePayExercisedYear Born
Mr. E. Borje Ekholm MBA, MScPresident, CEO & Director29.15MN/A1963
Mr. Fredrik JejdlingExecutive VP, Head of Business Area Network & Head of Segment Networks20.98MN/A1969
Mr. Carl MellanderSenior VP, CFO and Head of Group Function Finance & Common FunctionsN/AN/A1964
Ms. Eva-Britt AlleniusChief Accounting OfficerN/AN/AN/A
Mr. Erik EkuddenSenior VP, CTO & Head of Group Function TechnologyN/AN/A1968
Mr. Peter NyquistVP & Head of Investor RelationsN/AN/A1965
Mr. Scott DresserSenior VP, Chief Legal Officer, Head of Group Function Legal Affairs and SecretaryN/AN/A1967
Mr. Jan SprafkeChief Compliance OfficerN/AN/AN/A
Peter OlofssonHead of Corporate CommunicationsN/AN/AN/A
Ms. Stella MedlicottSVP, Chief Marketing & Communications Officer and Head of Group Function Mktg. & Corporate RelationsN/AN/A1969
Amounts are as of December 31, 2022 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 February 28, 2024 is 3. 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.