Ericsson Appoints Senior Vice President Business Excellence And CIO

STOCKHOLM, Sweden, Sept. 24, 2013 (GLOBE NEWSWIRE) --
  * Effective October 1, 2013 Anders Thulin is appointed Senior Vice President    Business Excellence and CIO.  * Anders Thulin will report to Ericsson President and CEO and be a member of    the Ericsson Leadership Team.  * Ericsson today also announced the formation of a new unit, Group Function    Business Excellence & Common Functions.Ericsson (NASDAQ:ERIC) today announced the appointment of Anders Thulin asSenior Vice President Business Excellence and CIO for the Ericsson Group. AndersThulin will report to Ericsson President and CEO Hans Vestberg and be a memberof the Ericsson Leadership Team. As of October 1, 2013 Thulin will head thenewly formed unit, Group Function Business Excellence & Common Functions.Hans Vestberg, says: "The world, our customers, the industry and Ericsson areall going through a transformation.  We have improved our strategy execution inrecent years, and now it is time to take a next step to become even better. Witha strong background and knowledge in the high-tech, IT and telecom industries,Anders Thulin will further strengthen our strategy execution and governancecapabilities. In his position as CIO, he will ensure that we implement globalscale improvements across the company creating efficiency gains. He will work toleverage our global mobile enterprise services and capabilities which will alsobe beneficial for our customers."As a senior partner at McKinsey & Company, a world leading management consultingfirm, Thulin has gained more than 20 years of experience in implementingbusiness excellence across diverse industries, including high-tech, IT andtelecom. He holds a degree in Economics and Business Administration fromStockholm School of Economics, including MBA studies at the Western University,Ivey Business School.Anders Thulin says: "The IT- and telecom market is transforming and so isEricsson as a company. We are placing an even stronger focus on profitablegrowth through business excellence and delivering global scale ICT services. Ithink this is a fantastic opportunity to be a part of this journey withEricsson."The new Group Function Business Excellence & Common Functions will alsoincorporate IT, Shared Services, Real Estate and Process & Information.NOTES TO EDITORSAnders Thulin's biography and photosDownload high-resolution photos and broadcast-quality video atwww.ericsson.com/pressEricsson is a world-leading provider of communications technology and services.We are enabling the Networked Society with efficient real-time solutions thatallow us all to study, work and live our lives more freely, in sustainablesocieties around the world.Our offering comprises services, software and infrastructure within Informationand Communications Technology for telecom operators and other industries. Today40 percent of the world's mobile traffic goes through Ericsson networks and wesupport customers' networks servicing more than 2.5 billion subscriptions.We are more than 110,000 people working with customers in more than 180countries. Founded in 1876, Ericsson is headquartered in Stockholm, Sweden. In2012 the company's net sales were SEK 227.8 billion (USD 33.8 billion). Ericssonis listed on NASDAQ OMX, Stockholm and NASDAQ, New York stock exchanges.www.ericsson.comwww.twitter.com/ericssonpresswww.facebook.com/ericssonwww.youtube.com/ericssonFOR FURTHER INFORMATION, PLEASE CONTACTEricsson Corporate CommunicationsPhone: +46 10 719 69 92Email: media.relations@ericsson.comEricsson Investor RelationsPhone: +46 10 719 00 00Email: investor.relations@ericsson.comEricsson discloses the information provided herein pursuant to the SecuritiesMarkets Act and/or the Financial Instruments Trading Act. The information wassubmitted for publication on September 24, 2013 at 08:45 CET.Ericsson appoints Senior Vice President Business Excellence and CIO: http://hugin.info/1061/R/1731018/578627.pdf[HUG#1731018]

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