Board members

    Board members elected by the Annual General Meeting of shareholders 2016

    Leif Johansson

    Leif Johansson (first elected 2011)

    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: 41,933 Class B shares1, and 12,000 Class B shares held via endowment insurance2.

    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

    Helena Stjernholm (first elected 2016)

    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 Volvo and Sandvik AB.

    Holdings in Ericsson: 60 B shares 1.

    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. Chief Investment Officer at IK Investment Partners (1998-2008). Previous experience as consultant for Bain & Company (1997-1998).

    Jacob Wallenberg

    Jacob Wallenberg (first elected 2011)

    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: 2,703 Class B shares1, and 20,053 synthetic shares3.

    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.

    Nora Denzel

    Nora Denzel (first elected 2013)

    Member of the Audit Committee

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

    Board Member: Advanced Micro Devices, Inc., Outerwall, Inc. and Saba Software.

    Holdings in Ericsson: 3,850 Class B shares1, and 5,489 synthetic shares3.

    Principal work experience and other information: January 2015 – August 2015 CEO (interim) of Outerwall Inc. 2008-2012 Senior Vice President Big Data, Marketing and Social Product Design and General Manager QuickBooks Payroll Division. 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

    Börje Ekholm (first elected 2006)

    Member of the Remuneration Committee

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

    Board Chairman: KTH Royal Institute of Technology, Stockholm and NASDAQ OMX Group Inc.

    Board Member: Alibaba Inc., Chalmers Innovation AB and Trimble Navigation Ltd.

    Holdings in Ericsson: 30,760 Class B shares1, and 42,148 synthetic shares3.

    Principal work experience and other information: CEO of Patricia Industries, newly created division within Investor AB, since 2015. 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.

    Ulf J. Johansson

    Ulf J. Johansson (first elected 2005)

    Chairman of the Audit Committee

    Born 1945. Doctor of Technology and Master of Science in Electrical Engineering, KTH Royal Institute of Technology, Stockholm, Sweden.

    Board Chairman: Acando AB, Eurostep Group AB and Trimble Navigation Ltd.

    Board Member: European Institute of Innovation and Technology.

    Holdings in Ericsson: 6,435 Class B shares1.

    Principal work experience and other information: Founder of Europolitan Vodafone AB, where he was the Chairman of the Board 1990–2005. Previous positions at Spectra-Physics AB as President and CEO and at Ericsson Radio Systems AB. Member of the Royal Academy of Engineering Sciences.

    Kristin Skogen Lund

    Kristin Skogen Lund (first elected 2013)

    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 Member: None.

    Holdings in Ericsson: 8,293 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. Non-profit board Chairman of the Oslo Philharmonic Orchestra.

    Kristin S. Rinne

    Kristin S. Rinne (first elected 2016)

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

    Board Member: None

    Holdings in Ericsson: None

    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.

    Sukhinder Singh Cassidy

    Sukhinder Singh Cassidy (first elected 2015)

    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: 2,513 synthetic shares 2.

    Principal work experience and other information: Founder, Chairman and CEO of Joyus.com since 2011. 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. Member of the Advisory Council of Princeton University’s Department of Computer Science since 2012.

    The holdings in Ericsson reported above are as of December 31, 2015.

    1) The number of shares includes holdings by related natural and legal persons, as well as holdings of any ADS, if applicable.

    2) Shares held via endowment insurance include shares held under an insurance under which the insurance holder may make investment decisions with respect to the shares (Sw: kapitalförsäkring" or "depåförsäkring") and include holdings by related natural and legal persons, as well as holdings of ADS, if applicable.

    3) 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.

    Board members and deputies appointed by the unions 2016

    Pehr Claesson

    Pehr Claesson (first appointed 2008)

    Employee representative, Member of the Finance Committee

    Born 1966. Appointed by the union The Swedish Association of Graduate Engineers.

    Holdings in Ericsson: 2,138 Class B shares1.

    Employed since 1997. Has currently a Strategic and Tactical Marketing Manager Position in the Strategy, Marketing and Communication team at Business Unit Global Services.

    Mikael Lännqvist

    Mikael Lännqvist (first appointed 2015)

    Employee representative, Member of the Audit Committee

    Born 1969. Appointed by the union IF Metall.

    Holdings in Ericsson: 1,246 Class B shares1

    Employed since 1995. Working as Analysis Technician within Business Unit Radio.

    Karin Åberg

    Karin Åberg (first appointed 2007)

    Employee representative, Member of the Remuneration Committee

    Born 1959. Appointed by the union Unionen.

    Holdings in Ericsson: 4,022 Class B shares1.

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

    Zlatko Hadzic

    Zlatko Hadzic (first appointed 2015)

    Deputy employee representative

    Born 1970. Appointed by the union IF Metall.

    Holdings in Ericsson: None

    Employed since 2010. Working as NPI Operator within Business Unit Radio.

    Kjell-Åke Soting

    Kjell-Åke Soting (first appointed 2016)

    Deputy employee representative

    Born 1963. Appointed by the union Unionen.

    Holdings in Ericsson: 1,794 Class B shares1.

    Employed since 1996. Working as EMS Manager within Business Unit Radio.

    Roger Svensson

    Roger Svensson (first appointed 2011)

    Deputy employee representative

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

    Holdings in Ericsson: 13,570 Class B shares1.

    Employed since 1999. Working as Global Process Architect for Test within Business Unit Radio.

    1) The number of shares reflects the holdings as of December 31, 2015 and includes holdings by related natural and legal persons, as well as holdings of any ADS, if applicable.