Börje Ekholm to step down as Ericsson CEO; Per Narvinger to take over

Ericsson's chief executive officer, Börje Ekholm, will step down from his position on September 30, 2026, after leading the telecommunications giant since 2017. He will be succeeded by Per Narvinger, who currently serves as vice president and head of the Networks business area. Ekholm, who was brought in from the United States to steer Ericsson through a period of crisis, will transition to a role as senior advisor to the new CEO, a position he will hold until June 2027. The company's board of directors expressed confidence in Narvinger's leadership, citing his extensive technical industry knowledge and commercial experience. "He has strong results in several important leadership positions," stated board chairman Jan Carlson. Narvinger, who has spent his entire career at Ericsson, described the appointment as a "great honor." Carlson also acknowledged Ekholm's tenure, stating, "Börje's time as CEO of Ericsson is defined by extraordinary leadership and strategic progress." During Ekholm's leadership, Ericsson's stock price has experienced fluctuations but has recently reached its highest level in five years. The transition marks a significant leadership change for the Swedish company.

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He has strong results in several important leadership positions. The board is happy to welcome Per in this role at a very important time for the company.