User:VZBob/Hans Vestberg Education and career

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Early life and education[edit]

Hans Vestberg was born in Hudiksvall, Sweden, in 1965.[1][2] He studied at Uppsala University in Uppsala, Sweden, where he received a degree in Business Administration and Economics in 1991.[3][4]

Career[edit]

Vestberg began his professional career in Hudiksvall at Ericsson Cables in 1991.[5] He worked at Ericsson for 25 years,[6] with management roles for the company in Sweden, China, Brazil, Mexico and the U.S..[3] He was CFO for Ericsson in Brazil from 1998 to 2000.[7] From 2000 to 2002, Vestberg was CFO for Ericsson in North America and controller for the Americas.[7] He served as president for Ericsson in Mexico from 2002 to 2003.[7] Afterward, he served as a senior vice president and executive vice president for Ericsson before he was named chief financial officer in 2007, a post he held through 2009.[3][7] Vestberg became the first CEO of Ericsson with an engineering background when he replaced Carl-Henric Svanberg in January 2010.[3][8] Ericsson ousted Vestberg on July 25, 2016, following poor financial results.[9][10]

Vestberg jointed Verizon as the company's chief technology officer and executive vice president of its Network and Technology team on April 3, 2017.[1][11] There, he oversaw Verizon's fiber network and the development of Verizon's nascent 5G network.[6][12] Verizon announced on June 8, 2018, that Vestberg would succeed Lowell McAdam as the company's chief executive officer on August 1.[6]

References[edit]

  1. ^ a b Krouse, Sarah (8 June 2018). "Verizon CEO to Retire, Succeeded by a Newcomer". The Wall Street Journal. Retrieved 29 June 2018.
  2. ^ Trichur, Rita (2 February 2012). "Ericsson and the mobile broadband revolution". The Globe and Mail. Retrieved 29 June 2018. Personal: Born June 23, 1965 in Hudiksvall, Sweden. He is married with two children and currently resides in Stockholm. {{cite news}}: Unknown parameter |registration= ignored (|url-access= suggested) (help)
  3. ^ a b c d Charlton, Alistair (17 January 2014). "Microsoft CEO Race - Profile of Hans Vestberg". International Business Times. Retrieved 29 June 2018.
  4. ^ Erika Svantesson, Hasse Eriksson. "Hans Vestberg ny vd för Ericsson". DN.SE. Retrieved 2014-04-17.
  5. ^ "Fakta: Hans Vestberg". st.nu. 2009-06-26. Retrieved 2014-04-17.
  6. ^ a b c Rao, Prashant S.; de la Merced, Michael J. (8 June 2018). "At Verizon, a Changing of the Guard as It Pursues 5G". The New York Times. Retrieved 29 June 2018.
  7. ^ a b c d "Change of guard at Ericsson". FierceWireless. 24 June 2009. Retrieved 29 June 2018.
  8. ^ "Ericsson ousts CEO Vestberg, shares soar". Reuters. 25 July 2016. Retrieved 9 June 2018. Ericsson's board were unanimous in its decision, which comes after months of criticism against Vestberg's leadership and pay.
  9. ^ Hodgson, Camilla (8 June 2018). "Former Ericsson boss Hans Vestberg is appointed Verizon chief". Financial Times. Retrieved 29 June 2018.
  10. ^ McLaughlin, Kim (25 July 2016). "Ericsson Ousts Vestberg as CEO After Turnaround Plans Stall". Bloomberg. Retrieved 29 June 2018.
  11. ^ Spangler, Todd (2017-03-31). "Verizon Hires Ex-Ericsson CEO Hans Vestberg, Eyes U.S. Internet Pay-TV Launch". Variety. Retrieved 2017-11-01.
  12. ^ Mukherjee, Supantha; Dang, Sheila (8 June 2018). "Verizon names tech chief CEO; prioritizes 5G network over content". Reuters. Retrieved 2 July 2018.
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