Ericsson announces changes to the Executive Team and to the Market Area structure
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Ericsson announced significant changes to its Executive Team and Market Area structure, effective March 15, 2025. Key appointments include Per Narvinger as EVP and Head of Business Area Networks, and Jenny Lindqvist as Head of Business Area Cloud Software and Services. Two new Market Areas will be created: Americas, led by Yossi Cohen, and Europe, Middle East, and Africa, led by Patrick Johansson. Fredrik Jejdling will step down and leave Ericsson by June 30, 2025.
February 25, 2025 | 8:00 am
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Ericsson is undergoing significant leadership changes and restructuring its Market Areas to improve efficiency. This includes new executive appointments and the creation of two new Market Areas.
The restructuring and leadership changes at Ericsson are aimed at improving operational efficiency. While these changes are significant, they are part of a long-term strategy and may not have an immediate impact on the stock price. Investors may view these changes as a positive step towards future growth, but the short-term impact is likely neutral.
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