Ericsson Appoints APAC Chief

STOCKHOLM -- Ericsson (NASDAQ:ERIC) today announced that effective January 1, 2013, Mats H Olsson is appointed Senior Vice President Asia-Pacific (APAC). In this role he will continue to report to President & CEO Hans Vestberg and be a member of the Executive Leadership Team.

Mats Olsson currently holds the position as Head of region North East Asia, a position he has held since 2010.

In this new role, Mats will become the chairman of the three Ericsson regions located in APAC, region North East Asia, India and South East Asia & Oceania, respectively.

Ericsson AB (Nasdaq: ERIC)