Ericsson CEO salary revealed

The 2024 annual report of Ericsson has revealed the salary of Borje Ekholm (CEO) and Fredrik Jejdling (EVP) for the last year.

Ericsson salary for CEO in 2024
Ericsson salary for CEO in 2024

Borje Ekholm has received total remuneration of SEK 71,617,642 in 2024 as compared with SEK 49,872,530 in 2023 and SEK 53,180,945 in 2022.

Fredrik Jejdling has received total remuneration of SEK 25,337,446 in 2024 as against SEK 15,310,698 in 2023 and SEK 23,725,958 in 2022. Fredrik Jejdling recently decided to resign from Ericsson.

Ericsson has earlier reported 6 percent drop in its sales revenue to SEK 247.88 billion in 2024.

Ericsson in January said there are signs that the RAN market is now stabilizing, with strong growth in North America supporting a return to Networks sales growth in Q4.

In 2025, Ericsson’s Networks business will benefit from product leadership position, with the best performance and energy efficiency in the industry.

In Enterprise, the priority of Ericsson remains stabilizing the commercial performance in the current portfolio and driving growth in areas such as mission critical and enterprise private networks.

Latest

More like this
Related

Ericsson to manufacture all telecom antennas for India locally

Ericsson announced plans to manufacture all its telecom antennas...

Huawei and ZTE selected by U Mobile for 5G network

U Mobile, a Malaysian mobile data service provider, has...

Ericsson sales rise 3% to SEK 55 bn, driven by strong U.S. growth

In Q1 2025, Ericsson recorded sales of SEK 55...

Huawei’s lead in private wireless networks: Dominating wide-area deployments

As per Dell’Oro Group’s latest April 2025 report, Huawei...