HomeCXOEricsson's CEO Ekholm steps down, Per Narvinger takes the helm

Ericsson’s CEO Ekholm steps down, Per Narvinger takes the helm

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Narvinger is currently Executive Vice President and Head of Business Area Networks and will become President and CEO on 1 October

Per Narvinger (pictured) has been appointed President and CEO by the Board of Directors as Börje Ekholm has decided to step down as CEO of Ericsson after nine years. Narvinger will assume the roles from 1 October.

He joined Ericsson in 1997 and has experience from different areas of the telecoms and ICT industry, including research and standardisation, development, product management and sales, according to the press statement.

He has worked in various senior leadership roles, engaging with key customers globally. He has also had long-term assignments in Australia and Spain. Most recently, since March 2025, Narvinger has headed Business Area Networks after leading the Business Area Cloud Software and Services since 2022.

Narvinger says, “It is a great honor to step into this role in a company where I have spent my entire professional career. It has been a pleasure working with Börje in our joint efforts to create a stronger Ericsson. This is a pivotal time in our industry. As AI continues to industrialize, this will increasingly require advanced connectivity solutions, an area where Ericsson is leading.

“With our extraordinary employees who are cementing technology leadership as a foundation for success, we will continue to provide great value to our customers. I look forward to taking up the role as President and CEO of this amazing company.”

Ekholm is to retire from the company on 30 September after more than nine years as President and CEO of Ericsson, and 20 years as a member of the Board of Directors. He will also step down from the Board of Directors as of 1 October 1, 2026 but act as executive advisor to the new CEO until 15 June, 2027.

Ericsson has had a tumultuous time for some years and has lost ground regarding to its arch rival Nokia over the last year in market cap after Nokia teamed up with the world’s most valuable company and biggest maker of AI chips, NVDIA.

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