Sir Howard Stringer to become Chairman of the Board of Sony Ericsson, Bert Nordberg, EVP of the Ericsson Group, to join as Co-President

August 17, 2009

3 Min Read

LONDON -- Sony Ericsson Mobile Communications today announces that Bert Nordberg, currently Executive Vice President of the Ericsson Group and Head of Ericsson Silicon Valley, will join Sony Ericsson as Co-President effective 1st September. Mr. Nordberg will work closely with Sony Ericsson President Hideki (Dick) Komiyama and the entire senior management team to effect a smooth management transition. Mr. Nordberg, who will be based at Sony Ericsson’s global headquarters in London, will assume the role of President, Sony Ericsson Mobile Communications, on 15 October, and Mr. Komiyama will retire from the company at the end of the year.

In addition, Sir Howard Stringer, Chairman, CEO and President, Sony Corporation, and a member of the Board of Sony Ericsson, will become Chairman of the Board of Sony Ericsson on 15 October. In his role as Chairman of the Board of Sony Ericsson, Mr. Stringer will succeed Carl-Henric Svanberg, President & CEO of Ericsson.

Commenting on today’s announcement, Dick Komiyama said, “The Sony Ericsson transformation programme I began over a year ago is more than half way completed, and I am pleased with what we have achieved so far. I believe it is the right time for me to begin transferring the leadership of the company to a person who is able to complete the transformation programme and lead Sony Ericsson through its next phase of development. I will continue to be involved with Sony Ericsson’s business until the end of the year and look forward to working closely with Bert to ensure a smooth handover.”

Carl-Henric Svanberg, President & CEO of Ericsson, and Chairman of the Board of Sony Ericsson, said, “In the two years he has been at Sony Ericsson Dick Komiyama has made some very important changes to their organisation and laid the foundation for the company’s turn-around. Although we are sorry to see him leave Sony Ericsson, we fully respect his decision.” He added, “Bert Nordberg has a strong track-record in the area of business realignment and was instrumental in the transformation of Ericsson in the years 2002 – 2003. I am confident he will be able to build upon the foundation Dick has created and lead the final stages of Sony Ericsson’s transformation. Bert also brings a wealth of experience in telecommunications network infrastructure and in sales, where he has been a key driver of Ericsson’s overall growth from 117 billion to more than 200 billion SEK today.”

Sir Howard Stringer, Chairman, CEO and President, Sony Corporation, said, “We want to thank Dick Komiyama for his leadership in spearheading critical changes at Sony Ericsson over the past two years. The company is now well-positioned to capitalise on growth opportunities and return to profitability. Dick has made an enormous contribution to Sony Ericsson in a short time, as well as to Sony Corporation in the years before that. We wish him all the best in his retirement. We are delighted that Bert Nordberg is joining the company as a strong and worthy successor to Dick. Bert brings tremendous experience and enthusiasm to his new role, and with his strong telecommunications background he will lead Sony Ericsson into a very bright future.”

Bert Nordberg said, “I am very pleased to be joining Sony Ericsson. With the growing importance of open source platforms, applications and content in the mobile handset industry, I believe the experiences I have gained in Silicon Valley will be very relevant to Sony Ericsson’s business going forward. I look forward to working with Dick Komiyama in the transition phase and getting to know the rest of the Sony Ericsson management team.”

Sony Ericsson Mobile Communications

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