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Name | Symbol | Market | Type |
---|---|---|---|
Ericsson | NASDAQ:ERIC | NASDAQ | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.06 | 1.20% | 5.08 | 5.05 | 5.19 | 5.17 | 5.00 | 5.00 | 20,873,755 | 00:44:08 |
By Dominic Chopping
STOCKHOLM--Ericsson AB (ERIC) said Thursday it has appointed Fadi Pharaon head of its Middle East & Africa business, effective September 1, 2019.
Mr. Pharaon currently holds the position as Vice President, Networks & Managed Services within Ericsson's Europe & Latin America market area.
"Our customer relationships are key to build a strong company position in the market for this next phase of industry development," said chief executive Borje Ekholm.
"Fadi has the right background, experience and capabilities to lead this work in this Market Area and I am very pleased to see him stepping up to this role."
As a member of Ericsson's executive leadership team, Fadi Pharaon succeeds Rafiah Ibrahim. As previously announced, Rafiah Ibrahim will leave her position as head of market area Middle East & Africa effective August 31, 2019 and will take on a role as advisor to CEO Borje Ekholm.
Write to Dominic Chopping at dominic.chopping@wsj.com; @domchopping @WSJNordics
(END) Dow Jones Newswires
August 22, 2019 03:26 ET (07:26 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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