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Telefonaktiebolaget LM Ericsson (publ) (ERIC)

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Telefonaktiebolaget LM Ericsson (publ)

Torshamnsgatan 21
Kista
Stockholm 164 83
Sweden
46 1 07 19 00 00
http://www.ericsson.com

Sector
Industry
Full Time Employees109,127

Key Executives

NameTitlePayExercisedAge
Mr. Borje E. Ekholm MSc, MBACEO, Pres & Director105.12kN/A54
Mr. Jan FrykhammarExec. VP & Advisor to the CEO1.18MN/A52
Mr. Carl MellanderChief Financial Officer, Head of Fin. & Common Functions and Sr. VPN/AN/A53
Ms. Eva-Britt AlleniusChief Accounting OfficerN/AN/AN/A
Mr. Erik EkuddenGroup CTO and Head of Technology & ArchitectureN/AN/AN/A
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Telefonaktiebolaget LM Ericsson (publ) provides information and communications technology solutions for networks, IT and cloud, and media markets worldwide. It operates through three segments: Networks, Global Services, and Support Solutions. The Networks segment delivers products and solutions for mobile access, Internet protocol (IP) and transmission networks, core networks, and cloud. It offers radio access solutions; IP routing and transport solutions; microwave and optical transmission solutions for mobile and fixed networks; IP multimedia subsystem solutions; a cloud platform that handles workloads for various clouds; and telecom, IT, and commercial cloud services. The Global Services segment delivers managed services, including services for designing, building, operating, and managing the day-to-day operations of the customer’s network or solutions; maintenance services; network sharing solutions; shared solutions; and managed services of IT environments. It also offers product-related services, consulting and systems integration services, and broadcast services for industry-specific solutions, primarily in the areas of utilities, transport, and public safety. The Support Solutions segment provides software suites for operators, such as operations support systems, business support systems, television and media solutions, and M-commerce solutions for money transfer. The company has a strategic partnership with Net Insight AB (publ) to offer end-to-end media contribution solutions to the broadcast industry. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.

Corporate Governance

Telefonaktiebolaget LM Ericsson (publ)’s ISS Governance QualityScore as of July 1, 2017 is 8. The pillar scores are Audit: 1; Board: 6; Shareholder Rights: 9; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.