Ericsson appoints Ulf Ewaldsson new CTO

---

Ulf Ewaldsson is appointed Senior Vice President, Chief Technology Officer, Head of Group Function Technology & Portfolio Management at Ericsson (NASDAQ:ERIC), effective from February 1. Ewaldsson brings to this position more than 20 years of experience in product management, industry development and customer relationship.

Ulf Ewaldsson is currently Head of Product Area Radio within Ericsson’s Business Unit Networks and a member of Ericsson’s research board. In this position he has been instrumental in defining the creation of some of the products that reflect Ericsson’s technology leadership such as HSPA and LTE in the Radio Access Network (RAN), the multi-standard radio base station RBS6000 and the Antenna Integrated Radio Unit: AIR.

Hans Vestberg, President and CEO, Ericsson, says: “Ulf has spent more than 20 years in positions that have taken him very close to our customers and the development of the telecommunications industry. I am happy that he can now bring his vast experience from different markets and customers to lead our technology function in the shaping of the Networked Society, where everything that benefits from a connection will be connected.”

Ulf Ewaldsson says: “Ericsson has the industry leading research organization with a strong focus in the wireless area and the IP and application domain as well as being the industry driver and leader in open standardization and industry forums. I look forward to join this team and lead its continuous success.”

Ulf Ewaldsson graduated with Master’s degrees of Science in Engineering and Business Management from Linköping Institute of Technology in Sweden. He started within Ericsson in 1990 and had since held various management positions in the group including Head of Ericsson in different countries and key customer accounts. As part of his assignments he has been based in China, Japan, Hong Kong and Hungary.

Ulf Ewaldsson will be a member of Ericsson’s Executive Leadership team and will be based in Stockholm, Sweden. Therefore he will not take on the role as Head of Ericsson Silicon Valley, which Håkan Eriksson also had.

Hans Vestberg underlines the continued importance of the Silicon Valley operations:

“Ericsson continues to have a strong commitment to our operations in Silicon Valley. Our operation in San Jose remains the center of our IP business – We will continue to drive the convergence of fixed, mobile and Internet from Silicon Valley and focus on strengthening partnerships in the areas of both hardware and software, Internet applications as well as in the PC industry”, he concludes.