Ericsson Appoints New CEO as Börje Ekholm Steps Down
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 16 2026
0mins
Source: PRnewswire
- Leadership Transition: Ericsson's Board of Directors has appointed Per Narvinger as the new CEO, succeeding Börje Ekholm, who has served for over nine years and will officially step down on September 30, 2026, thereafter acting as an executive advisor to ensure a smooth leadership transition until June 15, 2027.
- Extensive Industry Experience: Since joining Ericsson in 1997, Per Narvinger has amassed broad experience in the telecom and ICT sectors, having held various senior leadership roles, most recently leading the Business Area Networks, showcasing his deep technical and commercial knowledge that is expected to drive the company's strategic initiatives in the rapidly evolving AI landscape.
- Continuity of Strategic Vision: During Börje Ekholm's tenure, Ericsson solidified its position as a leading provider of trusted communications networks, with the Board expressing gratitude for his contributions in strategic vision and global leadership, emphasizing the company's ability to continue innovating and adapting to market changes in the future.
- Industry Transformation Leadership: Börje Ekholm noted that under his leadership, Ericsson successfully transformed into a global communications and technology leader, and Per Narvinger's appointment is seen as a pivotal step for the company in driving mobile connectivity and entering the physical AI era, indicating that the company will maintain its competitive edge in the industry.
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Analyst Views on ERIC
Wall Street analysts forecast ERIC stock price to fall
3 Analyst Rating
0 Buy
2 Hold
1 Sell
Moderate Sell
Current: 10.870
Low
6.40
Averages
9.33
High
11.00
Current: 10.870
Low
6.40
Averages
9.33
High
11.00
About ERIC
Telefonaktiebolaget LM Ericsson (Ericsson) provides infrastructure, services and software to the telecommunication industry and other sectors. The Company's segments include Networks, IT & Cloud and Media. The Networks segment consists of two business units: Network Products and Network Services. The overall focus is on evolving and managing access networks, including the development of hardware and software for radio access and transport networks. The IT & Cloud business includes two business units: IT & Cloud Products and IT & Cloud Services. The focus in IT & Cloud is to help telecom operators and selected enterprises through the digital transformations ahead. It develops and delivers software-based solutions for television and media and combines a product portfolio that spans the television value chain, with systems integration and managed services. The portfolio includes compression, content publishing through set-top box or pure over-the-top, content delivery and analytics.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Report Release Timing: Ericsson will publish its Q2 2026 financial report on July 14, 2026, at 7:00 AM CEST, providing a complete PDF report to ensure timely access to critical financial information for investors.
- Live Webcast Commentary: President and CEO Börje Ekholm and CFO Lars Sandström will comment on the report and answer questions during a live webcast at 9:00 AM CEST, enhancing engagement with investors and stakeholders.
- Report Access Channels: The financial report will be available on Ericsson's website post-release, ensuring that all stakeholders can conveniently access the latest financial data, thereby improving transparency and trust.
- Media and Analyst Invitation: The briefing invites media and analysts, reflecting Ericsson's commitment to external feedback and aiming to strengthen market connections through open communication channels.
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- Report Release Timing: Ericsson will publish its Q2 2026 financial report on July 14, 2026, at approximately 7:00 AM CEST, providing a comprehensive financial report and tables for in-depth analysis by investors and analysts.
- Live Webcast Commentary: President and CEO Börje Ekholm and CFO Lars Sandström will comment on the report and answer investor questions during a live webcast at 9:00 AM CEST, enhancing transparency and interaction with stakeholders.
- Report Access Channels: After the report is published, investors can access the complete report on Ericsson's website, ensuring timely information dissemination and convenient access, thereby improving communication efficiency with investors.
- Media and Analyst Invitation: The financial report briefing invites media and analysts to participate, aiming to enhance understanding of the company's performance through direct engagement and strengthen market confidence in Ericsson's future growth.
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- Report Release Timing: Ericsson will publish its Q2 2026 financial report at approximately 7:00 AM CEST on July 14, 2026, providing a comprehensive financial report and tables for in-depth analysis by investors and analysts.
- Live Webcast Details: A live video webcast will follow at 9:00 AM CEST, featuring President and CEO Börje Ekholm and CFO Lars Sandström discussing the report and answering questions, enhancing transparency and investor confidence.
- Accessing the Report: The financial report will be available on Ericsson's website post-release, ensuring all stakeholders can access the latest financial information promptly, facilitating widespread dissemination of critical data.
- On-Demand Playback: After the live event, the webcast will be available on-demand, allowing investors and analysts who could not attend live to view the content at their convenience, further improving accessibility and transparency of information.
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- SIM Swap Detection: The SIM Swap Detection feature enhances fraud detection rates by 30-40% through real-time identification of SIM card changes, effectively addressing the projected 33,854 fraud cases in 2025 and protecting consumers from account takeover threats.
- Seamless Authentication Experience: The Silent Authentication API leverages mobile network intelligence to simplify user identity verification, eliminating the need for one-time passcodes, reducing risks from phishing and social engineering attacks, while improving user experience and ensuring secure transactions.
- Industry Collaboration and Market Expansion: The partnership with EnStream ensures nationwide coverage of network intelligence, boosting identity verification capabilities in sectors like fintech and e-commerce, marking Vonage's comprehensive expansion in the North American market.
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- Executive Appointment: Ericsson has announced the appointment of David Hammarwall as the new Head of Business Area Networks and Senior Vice President, effective October 1, 2026, succeeding Per Narvinger, who will become President and CEO.
- Extensive Experience: Hammarwall has been with Ericsson since 2007 and holds a PhD in telecommunications, having previously held key roles such as Head of Product Area Networks and Head of 5G RAN Product Line, showcasing his deep expertise in technology and market dynamics.
- Technological Leadership: Börje Ekholm, CEO of Ericsson, emphasized that Hammarwall's extensive technological expertise and commercial knowledge will drive the company's success in 5G, AI, and the journey towards 6G, highlighting his respected leadership in the industry.
- Future Outlook: Hammarwall expressed excitement about collaborating with the network team to leverage AI for enhanced network intelligence, indicating Ericsson's strategic focus on digital transformation and value creation for customers and partners.
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