Ericsson Appoints New CEO and Head
Analysis based on 30 articles · First reported Jun 09, 2026 · Last updated Jun 18, 2026
The market will likely view Ericsson's leadership changes as a planned transition, with a slight positive sentiment due to the new CEO's extensive experience and focus on AI and 5G/6G. The appointment of David Hammarwall to a key business area further solidifies the company's strategic direction, potentially leading to stable stock performance.
Ericsson has announced a significant leadership transition, with Per Narvinger appointed as the new President and CEO, effective October 1, 2026. He will succeed Börje Ekholm, who is stepping down after nine years but will remain as an executive advisor until June 15, 2027. Following Narvinger's promotion, David Hammarwall has been appointed as the new Head of Business Area Networks and Senior Vice President, also effective October 1, 2026. These appointments are part of Ericsson's ongoing leadership and governance planning, aiming to continue the company's strategic advancements in mobile connectivity, 5G, AI, and the journey towards 6G.
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