Hans Vestberg

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Hans Vestberg
Hans Vestberg.jpg
Vestberg, Photo courtesy of Ericsson
Born (1965-06-23) June 23, 1965 (age 52)
Hudiksvall, Sweden
Occupation Former CEO of Ericsson
President of Verizon Network & Technology Division (since 2017)
CTO (2017) [1]

Hans Vestberg born 23 June 1965, is a Swedish businessman and the former CEO of telecommunications company Ericsson. He is currently EVP of Network and Technology team and CTO of Verizon.

Vestberg holds a Bachelor's degree in Business Administration from Uppsala University.

Vestberg has worked for Ericsson in China, Brazil, Mexico and the US. He is a founding member of the Broadband Commission for Digital Development, where he chairs the task group on the post-2015 development agenda.

Education and career[edit]

He received a Business Administration degree from the Uppsala University, Sweden, in 1991,[2] Vestberg got employed at Ericsson Cables [3] in his hometown Hudiksvall. Since then he has had different management positions for Ericsson in China, Sweden, Chile and Brazil.[4]

During the years from 1998 to 2000 Vestberg was CFO for Ericsson in Brazil and 2000-2002 he was CFO for Ericsson in North America and controller for North and South America. During 2002-2003 he was President for Ericsson in Mexico.

He also served as Chief Financial Officer for Ericsson from 2007 to 2009.

On 1 January 2010, he became CEO for Ericsson, replacing Carl-Henric Svanberg. He stepped down as CEO on 25 July 2016, following a dismal Q2 results. o.[5]

On 3 April 2017, he joined Verizon as Executive Vice President of the new Network and Technology team. [6]

Personal life[edit]

Vestberg is the chairman of the Swedish Handball Association.[7] He also is the trainer of IFK Stocksund P02, a handball team in Stockholm.[citation needed]

Since 2016, Vestberg is the President of the Swedish Olympic Committee. [8]


  1. ^ https://variety.com/2017/digital/news/verizon-ericsson-hans-vestberg-internet-pay-tv-launch-1202020130/
  2. ^ Erika Svantesson, Hasse Eriksson. "Hans Vestberg ny vd för Ericsson". DN.SE. Retrieved 2014-04-17. 
  3. ^ "Fakta: Hans Vestberg". st.nu. 2009-06-26. Retrieved 2014-04-17. 
  4. ^ "Hans Vestberg". Ericsson. Archived from the original on 2014-04-19. Retrieved 2014-04-17. 
  5. ^ http://telecom.economictimes.indiatimes.com/news/ericsson-ceo-hans-vestberg-steps-down-after-dismal-q2/53375600 Dismal Q3 results question whether his past performance does merit his outgoing CEO compensation.
  6. ^ Spangler, Todd (2017-03-31). "Verizon Hires Ex-Ericsson CEO Hans Vestberg, Eyes U.S. Internet Pay-TV Launch". Variety. Retrieved 2017-11-01. 
  7. ^ http://www.ibtimes.co.uk/microsoft-ceo-race-profile-hans-vestberg-1432569
  8. ^ http://sok.se/kontakt/styrelsen.html

External links[edit]

Press comments to Vestberg's appointment as Ericsson CEO: