Management ChangeJun 16, 2026, 01:06 PM
Ericsson appoints Per Narvinger as new President and CEO
AI Summary
Ericsson announced that Per Narvinger, currently Executive Vice President and Head of Business Area Networks, has been appointed as the new President and CEO, effective October 1, 2026. Börje Ekholm will step down from his role as President and CEO on September 30, 2026, after more than nine years. Ekholm will continue to serve as an executive advisor to the new CEO until June 15, 2027, as part of a well-prepared and orderly succession plan by the Board of Directors.
Key Highlights
- Per Narvinger appointed President and CEO of Ericsson, effective October 1, 2026.
- Narvinger previously served as Executive Vice President and Head of Business Area Networks.
- Börje Ekholm will step down as President and CEO on September 30, 2026.
- Ekholm served as CEO for over nine years and will retire from the company.
- Ekholm will act as executive advisor to the new CEO until June 15, 2027.
- The Board of Directors executed a well-prepared and orderly CEO succession.
Price Impact
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