| | FEBRUARY 20249IN FOCUSERICSSON NAMES CHAFIC NASSIF AS HEAD OF MARKET AREA NORTH EAST ASIAEricsson reveals the selection of Chafic Nassif as the incoming Head of Market Area North East Asia and Senior Vice President. Currently serving as the Head of Ericsson's Customer Unit Latin America North in Market Area Europe & Latin America, Nassif will succeed Chris Houghton, who assumed the role of Chief Operating Officer in November 2023. Nassif is scheduled to assume his new role on February 26, 2024, and will be stationed in Japan.Chafic Nassif has held various executive and managerial roles across different business segments and global regions during his tenure at Ericsson. His recent position was as the Head of Customer Unit Taiwan. Prior to joining Ericsson, Mr. Nassif engaged in tech start-ups and held leadership roles in IT and business consulting in Europe."Börje Ekholm, President and CEO of Ericsson, expressed satisfaction with Nassif's acceptance of the new role, emphasizing his extensive experience with Ericsson globally. Ekholm praised Nassif as a robust business leader with a proven track record, highlighting his passion for advancements in connectivity, 5G technology, and entrepreneurial initiatives. Nassif's addition to the Executive Team is eagerly anticipated.Chafic Nassif, commenting on his appointment, expressed honor and excitement about taking on the new role. Having previously been part of Ericsson's leadership team in North East Asia, he expressed confidence in the talented team and the foundation of success established by Ericsson. Nassif outlined the collective focus on creating innovative solutions and delivering unparalleled value to customers and partners.
< Page 8 | Page 10 >