Ericsson has appointed Johan Wibergh as executive vice president of the company, effective January 1, 2010. He is currently head of Networks business unit and senior vice president of the company and will remain in his role as business unit head. Skip related content
Wibergh joined Ericsson in 1996 and has held several managerial roles. Prior to being appointed senior vice president and head of business unit Networks on July 1, 2008, he was president of Ericsson Brazil.
Hans Vestberg, incoming president and CEO, said: "Johan Wibergh plays an important role in a phase where the transformation of telecom operators' networks and implementation of IP-based services are crucial in order to continue our company's successful creation of shareholder value. Johan is a highly regarded management team member and he has the combination of vision and operational knowledge necessary in our fast moving industry."
Earlier this month, Ericsson appointed its senior vice president and head of Global Services business unit Jan Frykhammar as chief financial officer of the company. It also reported a 74% decline in net income to SEK 0.8bn ($116m) for the third quarter 2009, on revenue down 6% at SEK 46.4bn ($6.74bn).
