Executive Suite: Carl Wilhelm Ros leaving Ericsson at mid-year - Company Operations

EDGE, On & About AT&T, Jan 18, 1999

Senior Executive Vice President Carl Wilhelm Ros is leaving Ericsson at mid-year 1999 to take up other activities. CW Ros joined Ericsson in 1985 as Executive Vice President and Chief Financial Officer and has been a member of Corporate Executive Management since that time. A successor will be appointed at a later date.

"During the many years in which CW Ros has been a member of Ericsson's management, Ericsson has undergone several extensive changes. With integrity and enthusiastic leadership, combined with extensive financial expertise, CW Ros has contributed to Ericsson's development. His efforts have earned great respect internally as well as outside Ericsson. I extend thanks for this contribution and wish CW the best of luck in his future endeavors," says Sven-Christer Nilsson, President and CEO of Ericsson. Ericsson is the leading provider in the new telecoms world, with communications solutions that combine telecom and datacom technologies with freedom of mobility for the user. With more than 100,000 employees in 140 countries, Ericsson simplifies communications for its customers - network operators, service providers, enterprises and consumers - the world over. http://www.ericsson.se.