Hans Vestberg is President and Chief Executive Officer of the Ericsson Group, the world’s
leading provider of telecommunications technology and services. Working in more than 180
countries, Ericsson has more than 90,000 employees and generated revenue of USD 28.2
billion (SEK 203.3 billion) in 2010. The company was founded in 1876 and is headquartered
in Stockholm, Sweden.
Ericsson owns 50 percent of Sony Ericsson – global provider of mobile multimedia devices,
and ST-Ericsson – a world leader in wireless platforms and semiconductors, with combined
revenue of USD 10.6 billion. Vestberg is a member of the Board of Directors for both
Vestberg, who joined Ericsson in 1991, was instrumental in developing the company’s
industry-leading services operation, which grew threefold during his five years of
management (2003-2007). Today, services represent 39 percent of Ericsson’s total sales. He
has wide international experience, having held various managerial positions for Ericsson in
China, Brazil, Mexico and the US. He also served as Chief Financial Officer from 2007 to
Along with the rest of Ericsson’s executive team, Vestberg is focused on advancing the
company’s leadership through innovation, technology, services and sustainable business
Under his direction, Ericsson has become the main driver toward the Networked Society,
where connectivity is the fuel of progress. The success of the Networked Society concept will
rest on the ability to bring together mobility, broadband, and cloud computing – networks
must be transformed to become smart, scalable and give superior performance.
Vestberg is also an advocate for the potential of mobility and broadband to tackle some of
the world’s most compelling issues such as poverty, health, education and climate change.
He is a member of the ITU’s Broadband Commission for Digital Development, where he is
heading the broadband and climate-change workstream, and of the Digital Health Initiative.
The company is also a member of the New Cities Foundation and the Connect to Learn
He was born in Hudiksvall, in northern Sweden, in June, 1965. He earned a Business
Administration degree from the Uppsala University, Sweden, in 1991. Vestberg has been a lifelong athlete and Chairman of the Swedish Handball Federation since 2007. He enjoys outdoor sports activities and golf. He lives in Stockholm with his wife and two children.