STOCKHOLM, June 10, 2020 /PRNewswire/ --
- Bansal remains Head of Market Area Europe & Latin America and member of the Executive
Team
- Following the appointment, Ericsson will have two Executive
Vice Presidents: Fredrik Jejdling as
first EVP and Arun Bansal as second
EVP
Ericsson's (NASDAQ: ERIC) Board of Directors has appointed
Arun Bansal Executive Vice President
(EVP). Bansal is currently Senior Vice President and Head of Market
Area Europe & Latin America, a
position he will remain in. Fredrik Jejdling, currently Executive
Vice President and Head of Business Area Networks, will remain in
this position.
With the appointment of Arun
Bansal, Ericsson will have two Executive Vice Presidents -
one based in Sweden and one
outside of Sweden, thus providing
Ericsson with greater flexibility for Executive Vice President
duties. Fredrik Jejdling will be the first EVP and Arun Bansal the second EVP.
Arun Bansal joined Ericsson in
1995 and is now head of a market area that spans over 110 countries
across Europe and Latin America, a position he has held since
2017.
Börje Ekholm, President and CEO, says: "Arun Bansal plays an important role in driving
our business engagement with customers in Ericsson's market area
spanning two continents. Arun has been a member of the Executive
Team since 2015 and has vast international experience from
long-term product development, strategy and market operations.
Ericsson is a true international organization with employees all
over the world and I am delighted that Arun's appointment
demonstrates our global leadership."
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About Ericsson
Ericsson enables communications service providers to capture the
full value of connectivity. The company's portfolio spans Networks,
Digital Services, Managed Services, and Emerging Business and is
designed to help our customers go digital, increase efficiency and
find new revenue streams. Ericsson's investments in innovation have
delivered the benefits of telephony and mobile broadband to
billions of people around the world. The Ericsson stock is listed
on Nasdaq Stockholm and on Nasdaq New York.
www.ericsson.com
For further information, please contact:
Ericsson
Newsroom
media.relations@ericsson.com
+46-10-719-69-92
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+46-10-719-00-00
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Arun Bansal appointed
Executive Vice President of Ericsson
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SOURCE Ericsson