Ericsson simplifies organization and names Executive Team
· Simplified organizational structure and appointments to Executive Team will help drive execution of company strategy · New Business Areas, Market Areas and Executive Team effective April 1, 2017 In line with the business strategy announced today, Ericsson (NASDAQ: ERIC) is simplifying its organizational structure by removing the two-tiered leadership structure, Executive Leadership Team and Global Leadership Team, and forming a single Executive Team. In addition, the geographical setup with ten regions will become five market areas, and the business areas are re-defined and