Board members elected by the Annual General Meeting of shareholders 2017.

  

Leif Johansson (first elected 2011)

Leif Johansson

Chairman of the Board of Directors, Chairman of the Remuneration Committee and of the Finance Committee

Born 1951. Master of Science in Engineering, Chalmers University of Technology, Gothenburg, Sweden.

Board Chairman: Astra Zeneca PLC.

Board Member: Autoliv, Inc., Ecolean AB and The Confederation of Swedish Enterprise.

Holdings in Ericsson: 103,933 Class B shares1.

Principal work experience and other information: Member of the European Round Table of Industrialists since 2002, and served as its Chairman 2009-2014. President of the Royal Swedish Academy of Engineering Sciences since 2012. Chairman of the International Advisory Board of the Nobel Foundation. President and CEO of AB Volvo 1997–2011. Executive Vice President of AB Electrolux 1988-1991, President 1991–1994 and President and CEO of AB Electrolux 1994–1997. Holds honorary Doctorates at Blekinge Institute of Technology, the University of Gothenburg and Chalmers University of Technology. Awarded the Large Gold Medal of the Royal Swedish Academy of Engineering Sciences in 2011.

Helena Stjernholm (first elected 2016)

Helena Stjernholm

Deputy Chairman of the Board of Directors, Member of the Finance Committee

Born 1970. Master of Science in Business Administration, Stockholm School of Economics, Sweden.

Board Member: AB Industrivärden, AB Volvo and Sandvik AB.

Holdings in Ericsson: 20,060 Class B shares1, and 11,093 synthetic shares2.

Principal work experience and other information: President and CEO of AB Industrivärden since 2015. Partner in the private equity firm IK Investment Partners (2008-2015), with responsibility for the Stockholm office from 2011 to 2015. Investment Manager at IK Investment Partners (1998-2008). Previous experience as consultant for Bain & Company (1997-1998).

Jacob Wallenberg (first elected 2011)

Jacob Wallenberg

Deputy Chairman of the Board of Directors, Member of the Finance Committee

Born 1956. Bachelor of Science in Economics and Master of Business Administration, Wharton School, University of Pennsylvania, USA. Officer of the Reserve, Swedish Navy.

Board Chairman: Investor AB.

Deputy Board Chairman: SAS AB, ABB Ltd., FAM and Patricia Industries.

Board Member: The Knut and Alice Wallenberg Foundation, the Stockholm School of Economics and The Confederation of Swedish Enterprise.

Holdings in Ericsson: 227,703 Class B shares1, and 18,202 synthetic shares2.

Principal work experience and other information: Chairman of the Board of Investor AB since 2005. President and CEO of SEB in 1997 and Chairman of SEB’s Board of Directors 1998–2005. Executive Vice President and CFO of Investor AB 1990–1993. Honorary Chairman of IBLAC (Mayor of Shanghai’s International Business Leaders Advisory Council) and member of The European Round Table of Industrialists.

Jon Fredrik Baksaas (first elected 2017)

Jon Fredrik Baksaas

Member of the Remuneration Committee

Born 1954. Master of Science in Economics, NHH Norwegian School of Economics & Business Administration, Norway.

Board Member: Svenska Handelsbanken AB.

Holdings in Ericsson: None.

Principal work experience and other information: President and CEO of Telenor (2002-2015). Previous positions within the Telenor Group since 1989, including deputy CEO, Chief Financial Officer and CEO of TBK AS. Previous positions include CFO of Aker AS, finance director of Stolt Nielsen Seaway AS and controller at Det Norske Veritas, Norway and Japan. Member of the GSMA Board (2008-2016) and Chairman of the GSMA Board (2014-2016).

Jan Carlson (first elected 2017)

Jan Carlson

Member of the Technology and Science Committee

Born 1960. Master of Science degree in Engineering Physics and Electrical Engineering, the University of Linköping, Sweden.

Board Chairman: Autoliv Inc.

Board Member: BorgWarner Inc., Teknikföretagen and The Confederation of Swedish Enterprise .

Holdings in Ericsson: 7,900 Class B Shares1.

Principal work experience and other information: President and CEO of Autoliv Inc. since 2007 and Chairman of Autoliv Inc. since 2014. Previous positions within the Autoliv Group since 1999, including President Autoliv Europe, Vice President Engineering of Autoliv and President Autoliv Electronics. Previous positions include President of Saab Combitech and of Swedish Gate Array.

Nora Denzel (first elected 2013)

Nora Denzel

Member of the Audit Committee and member of the Technology and Science Committee

Born 1962. Master of Business Administration, Santa Clara University, USA. Bachelor of Science in Computer Science, State University of New York, USA.

Board Member: Advanced Micro Devices, Inc.

Holdings in Ericsson: 3,850 Class B shares1, and 5,489 synthetic shares2.

Principal work experience and other information: CEO (interim) of Outerwall Inc. (January 2015 - August 2015). Senior Vice President Big Data, Marketing and Social Product Design and General Manager QuickBooks Payroll Division (2008 – 2012). Previous positions include Senior Vice President and General Manager of HP’s Global Software, Storage and Consulting Divisions (2000-2006), Senior Vice President Product Operations Legato Systems (bought by EMC) and various engineering, marketing and executive positions at IBM. Non-Profit board member of the Anita Borg Institute and the Northern California Chapter of the National Association of Corporate Directors (NACD). Industrial Advisor to the Private Equity Firm EQT.

Börje Ekholm (first elected 2006)

Börje Ekholm

Born 1963. Master of Science in Electrical Engineering, KTH Royal Institute of Technology, Stockholm, Sweden. Master of Business Administration, INSEAD, France.

Board Member: Alibaba Inc.

Holdings in Ericsson: 1,030,760 Class B shares1, 2,000,000 call options, and 33,203 synthetic shares2.

Principal work experience and other information: President and CEO of Telefonaktiebolaget LM Ericsson since January 16, 2017. CEO of Patricia Industries, a division within Investor AB, (2015 – January 15, 2017). President and CEO of Investor AB (2005 – 2015). Formerly Head of Investor Growth Capital Inc. and New Investments. Previous positions at Novare Kapital AB and McKinsey & Co Inc. Member of the Board of Trustees of Choate Rosemary Hall.

Eric A. Elzvik (first elected 2017)

Eric A. Elzvik

Chairman of the Audit Committe

Born 1960. Master of Science in Business Administration, Stockholm School of Economics, Sweden.

Board Member: IMD Foundation, Lausanne and Landis+Gyr Group AG.

Holdings in Ericsson: 10,000 Class B shares1.

Principal work experience and other information: Chief Financial Officer and member of the Group Executive Committee of ABB Ltd (2013 – 2017). Division CFO ABB Discrete Automation & Motion (2010 – 2012) and division CFO Automation Products Division (2006 – 2010). Previous positions within the ABB Group since 1984, including senior management positions within finance, mergers & acquisitions and new ventures.

Kristin Skogen Lund (first elected 2013)

Kristin Skogen Lund

Member of the Audit Committee

Born 1966. Master of Business Administration, INSEAD, France. Bachelor in International Studies and Business Administration, University of Oregon, USA.

Board Chairman: The Oslo Philharmonic Orchestra.

Board Member: None.

Holdings in Ericsson: 11,990 synthetic shares2.

Principal work experience and other information: Director General of the Confederation of Norwegian Enterprise (NHO) since 2012. Executive Vice President and Head of Digital Services and Broadcast and Executive Vice President and Head of Nordic Region, Group Executive Management at Telenor (2010–2012). Previous positions include Chief Executive Officer and Commercial Director at Aftenposten, Chief Executive Officer at Scanpix, Managing Director and Editor in Chief at Scandinavia Online, and several positions at the Coca-Cola Company, Unilever and Norges Eksportråd.

Kristin S. Rinne (first elected 2016)

Kristin S. Rinne

Chairman of the Technology and Science Committee

Born 1954. Bachelor of Arts, Washburn University, USA.

Board Member: None

Holdings in Ericsson: 7,395 synthetic shares2.

Principal work experience and other information: Previously Senior Vice President, Network Technology, Network Architecture & Planning, at AT&T (2007-2014). CTO of Cingular Wireless (2005-2007) and VP Technology & New Product Development of Cingular Wireless (2000-2005). Previous positions within Southwestern Bell and SBC (1976-2000). Non-profit Board member of Curing Kids Cancer, Washburn University Foundation and Wycliffe Associates. Member of the Advisory Board of Link Labs.

Sukhinder Singh Cassidy (first elected 2015)

Sukhinder Singh Cassidy

Member of the Remuneration Committee

Born 1970. Bachelor of Arts Degree in Honors Business Administration from the Richard Ivey School of Business, University of Western Ontario, Canada.

Board Chairman: Joyus.com.

Board Member: Tripadvisor LLC.

Holdings in Ericsson: 6,210 synthetic shares2.

Principal work experience and other information: Founder and Chairwoman of Joyus.com since 2011 and CEO (2011-2016). Founder of ChoosePossibility Inc. (a benefit corp. focused on gender diversity in the tech industry). CEO of Polyvore, Inc. 2010, CEO-in-Residence of Accel Partners 2009-2010, senior executive positions with Google Inc., 2003-2009, including President, Asia-Pacific and Latin America Sales & Operations, Vice President Asia-Pacific and Latin America, and General Manager, Local Search & Content Partnerships. Previous positions with Yodlee.com, Amazon.com, British Sky Broadcasting Group and Merrill Lynch. 

Board members and deputies appointed by the unions 2017

Kjell-Åke Soting (first appointed 2016)

Kjell-Åke Soting

Employee representative, Member of the Remuneration Committee

Born 1963. Appointed by the union Unionen.

Holdings in Ericsson: 2,850 Class B shares1.

Employed since 1996. Working as Supplier Quality Assurance Manager within Business Area Networks.

Roger Svensson (first appointed 2011)

Roger Svensson

Employee representative, Member of the Finance Committee and member of the Technology and Science Committee

Born 1971. Appointed by the union The Swedish Association of Graduate Engineers.

Holdings in Ericsson: 16,752 Class B shares1.

Employed since 1999. Working as Global Process Architect for Test within Business Area Networks.

Karin Åberg (first appointed 2007)

Karin Åberg

Employee representative, Member of the Audit Committee

Born 1959. Appointed by the union Unionen.

Holdings in Ericsson: 4,756 Class B shares1.

Employed since 1998. Working as a Service Engineer within the IT organization.

Torbjörn Nyman (first appointed 2017)

Torbjörn Nyman

Deputy employee representative

Born 1961. Appointed by the union The Swedish Association of Graduate Engineers.
Holdings in Ericsson: 26,668 Class B shares1.
Employed since 1996. Working as ICT Strategic Product Manager within Business Area Networks.

Anders Ripa (first appointed 2017)

Anders Ripa

Deputy employee representative

Born 1962. Appointed by the union The Swedish Association of Graduate Engineers.
Holdings in Ericsson: 1,556 Class B shares and 8 Class A shares1.
Employed since 1998. Working as a Security Solution Manager for Public Safety LTE.

Loredana Roslund (first appointed 2017)

Loredana Roslund

Deputy employee representative

Born 1967. Appointed by the union Unionen.
Holdings in Ericsson: 972 Class B shares1.
Employed since 1994. Working as Project Manager within R&D within Business Area Networks.


1) The holdings in Ericsson are as of February 24, 2017 and includes holdings by related persons, as well as holdings of ADS, if applicable. For information on transactions made since February 24, 2017, please refer to the website of the Swedish Financial Supervisory Authority.

2) Since 2008, the AGM has each year resolved that part of the Board fee may be received in the form of synthetic shares. A synthetic share is a right to receive in the future a payment corresponding to the value of the Class B share in Ericsson at the time of payment.